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BlackRock considers using traditional finance collateral for tokenized fund shares

Cryptonews +1 ·

BLK Blackrock Inc
$1124.60 -0.86%
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  1. 1Since its launch in 2024, BlackRock's BUIDL tokenization scale has grown to approximately $2.3 billion.
  2. 2BlackRock's tokenized funds are already being used as collateral in the digital asset market.
  3. 3The International Monetary Fund identified fragmented platforms and legal uncertainty as issues in the sector.

So what's the key point?

BlackRock's tokenized fund scale has reached $2.3 billion. These funds are being used as collateral in the digital asset market.

Source Cryptonews +1 · View original ↗

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