BlackRock has taken a step forward in tokenized assets by integrating its BUIDL fund with Ethena’s USDtb. This opens new horizons for institutional investors.
Integration of BUIDL and Ethena
The integration between BlackRock and Ethena allows qualified users to make seamless and unlimited swaps through the USDtb fund. This innovation ensures access to tokenized assets 24/7, enhancing participation from institutional investors and DeFi users.
Growth of the BUIDL Fund
Since its launch in March 2024, the BUIDL fund has become the largest tokenized Treasury fund on public blockchains, reaching a total value of $2.88 billion. This confirms the growing interest of institutional investors in tokenized real-world assets.
New Liquidity Standard on the Blockchain
The collaboration between BlackRock, Securitize, and Ethena Labs sets a new standard for liquidity on the blockchain. The ability to conduct instant exchanges between stablecoins and tokenized assets improves management capabilities in financial markets.
The integration of BUIDL and USDtb by Ethena demonstrates how traditional financial institutions are adapting to new technologies, creating more efficient and continuous financial systems.
