By Marco Piccolo Key highlights: BlackRock is building proprietary technology to tokenize traditional assets and reduce intermediaries. CEO Larry Fink emphasized tokenization as a core future strategy, aiming to expand market access and cut fees. The move comes as BlackRock’s tokenized BUIDL fund grows to $2.8 billion and its spot crypto ETFs dominate the U.S. […]
Tag: BUIDL
By Marco Piccolo Key highlights: RLUSD is now integrated into Securitize, enabling redemptions from BlackRock and VanEck tokenized funds. Investors in BUIDL and VBILL funds can swap shares for RLUSD on demand, creating a 24/7 off-ramp. The move positions RLUSD as a settlement layer for institutional tokenized finance. Trade Crypto on Kraken A new liquidity […]
By Marco Piccolo Key highlights: Arthur Hayes accumulated nearly $1 million worth of Ethena’s ENA token over two days. The purchases coincide with Ethena’s bid for control of the USDH stablecoin ticker via Hyperliquid’s validator vote. Ethena’s proposal features backing from BlackRock and offers 95% revenue share to Hyperliquid. Trade Crypto on Kraken Arthur Hayes, […]