Original story published by Krisztian Sandor from CoinDesk. In a significant move for the decentralized finance (DeFi) space, MakerDAO, the protocol behind the $5 billion stablecoin DAI, announced plans to invest $1 billion of its reserves in tokenized U.S. Treasury products. This strategic decision is expected to attract top industry players such as BlackRock‘s BUIDL, […]
BlackRock’s tokenized fund, BUIDL, has reached a significant milestone by crossing a market value of $502.8 million, as reported by Hope from CoinMarketCap. Launched in March on the Ethereum blockchain in collaboration with Securitize Markets, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) provides institutional investors with the opportunity to earn yields on tokenized U.S. […]
As major financial institutions dive deeper into the crypto space, Goldman Sachs is preparing its own significant move. According to an article by Leo Schwartz from Fortune, Goldman Sachs plans to launch three tokenization projects by the end of the year. These initiatives are part of the bank’s strategy to capitalize on the growing interest […]