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Blackrock’s BUIDL reclaims top spot as NYSE parent company, DTCC accelerate tokenization rollout


Blackrock’s BUIDL reclaims top spot as NYSE parent company, DTCC accelerate tokenization rollout

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BlackRock’s BUIDL fund has grown back to roughly $2.8 billion in assets, reclaiming its position as the largest tokenized U.S. Treasury product and overtaking Circle’s USYC. Simultaneously DTCC and ICE are advancing tokenization plans, signaling greater institutional adoption of crypto tokenization and potential expansion in custody, DeFi and institutional liquidity for tokenized Treasuries.

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BlackRock’s BUIDL fund has grown back to roughly $2.8 billion in assets and reclaimed its title as the largest tokenized U.S. Treasury product.  BUIDL is taking the lead back from Circle’s USYC. At the same time, Depository Trust & Clearing Corporation (DTCC) and NYSE owner Intercontinental Exchange (ICE) are moving their tokenization plans closer to...
Read the article at CryptoPolitan