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[guanger_ @guang_er]

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[Gemini @Gemini]

What is RWA and BlackRock's BUIDL?

Signaling they’re making another step into the digital asset space

BlackRock unveiled its first tokenized fund on ETH

The BlackRock USD Institutional Digital Liquidity Fund

B.U.I.D.L for short

This will allow qualified investors to earn U.S. dollar yields

With the fund holding its assets in cash, U.S. Treasury bills, and repurchase agreements

According to the press release,

“BUIDL seeks to offer a stable value of $1 per token and pays daily accrued dividends directly to investors' wallets as new tokens each month.”

All on the blockchain...

And because of this,

The tokenization of real-world assets (RWA) sector has boomed

Leading to some tokens heavily outperforming the market over the past 7 days

Maple Finance $MPL +60% 🟢

Realio $RIO +200% 🟢

Swarm Markets $SMT +135% 🟢

Clearpool $CPOOL +100% 🟢

If you’d like to read more → https://t.co/gHI3UtFYos

[guanger_ @guang_er]

I just took action to support innovation and the crypto industry. Your voice matters, join today!

https://t.co/WDzUk1pJp7