BlackRock's BUIDL Fund to Expand to Solana Network

Blockbeats
25 Mar

BlockBeats News, March 25th, According to Fortune report, BlackRock's technology partner Securitize announced that BlackRock will expand its blockchain-based money market fund, BUIDL, to Solana. The BUIDL fund is now available on seven blockchains, including Solana.

BlackRock's tokenized money market fund was initially launched on Ethereum, attracting a stable inflow of funds. A Securitize spokesperson stated that as of Tuesday, BUIDL has accumulated $1.7 billion in cash and treasury bonds and is set to surpass $2 billion in early April.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10