{"id":141436,"date":"2024-11-05T21:00:43","date_gmt":"2024-11-05T19:00:43","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=141436"},"modified":"2024-11-05T16:33:40","modified_gmt":"2024-11-05T14:33:40","slug":"blackrock-debuts-buidl-tokenized-fund-on-avalanche","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/blackrock-debuts-buidl-tokenized-fund-on-avalanche\/","title":{"rendered":"BlackRock Debuts BUIDL Tokenized Fund on Avalanche"},"content":{"rendered":"
This blockchain-based fund invests in U.S. Treasury bonds, cash, and repurchase agreements, having previously succeeded on Ethereum<\/a> <\/strong>with over $500 million in assets.<\/p>\n CryptoNoody reported<\/a> <\/strong>that the same owner of the BUIDL contract on Ethereum, address \u201c0xe01605f,\u201d also manages the Avalanche<\/a> <\/strong>contract, which was funded with $1 million.<\/p>\n While one million BUIDL shares have been issued, trading has not yet started, and neither Securitize nor BlackRock has officially announced the fund. Observers speculate that the firm may be testing Avalanche\u2019s suitability for tokenized funds, suggesting a potential delay before trading begins.<\/p>\n