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BlackRock's Tokenized Fund Quickly Rakes in $245M, Right Behind Franklin Templeton's Older Offering

The tokenized U.S. Treasury market is poised to reach $1 billion "very soon" given the growth of BlackRock's BUIDL, an analyst noted.

Updated Mar 27, 2024, 9:43 p.m. Published Mar 27, 2024, 8:23 p.m.
BlackRock CEO Larry Fink is now a leader in tokenization. (Will Ess for Pixelmind.ai/CoinDesk)
BlackRock CEO Larry Fink is now a leader in tokenization. (Will Ess for Pixelmind.ai/CoinDesk)