BlackRock’s tokenized fund registers over $240 million in inflows within a week

BlackRock's tokenized fund BUIDL (BlackRock USD Institutional Digital Liquidity) has captured over $240 million in deposits since its debut a week ago, as reported by Bloomberg. Each of the funds' shares is worth $1, and it generates daily accrued dividends to qualified investors by investing in cash, US Treasury bills, and repurchase agreements. The yield is paid in new tokens each month.The... source: https://cryptobriefing.com/blackrock-tokenized-fund-inflows/