May 14, 2024
Funds

BlackRock’s digital fund attracts $245m from 7 investors in a week – Ledger Insights

A week ago BlackRock unveiled its BlackRock USD Institutional Digital Liquidity Fund (BUIDL), a money market fund that aims to offer a stable $1 value. One week on, BUIDL has attracted $245 million in assets from seven investors. Ondo Finance, which previously tokenized BlackRock ETF funds, has shifted $95 million into the BUIDL fund and makes up

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