Solana

The BlackRock USD Institutional Digital Liquidity Fund (BUIDL) tokenized by @Securitize brings institutional grade yield to Solana’s high performance network. Over $1.7B of BUIDL tokens have been issued on other chains as of March 25th, according to @RWA_xyz.

How does it work? — 1 BUIDL token = 1 fund share — The fund holds U.S. treasury bills and cash equivalents — Dividend yield payments are made directly to wallets holding — Cross-chain transfers via @wormhole for interoperability

BUIDL expands the suite of real world assets tokenized on Solana, following @apolloglobal's recent launch of the ACRED diversified credit fund. The institutions are here, and they’re building on Solana. More on the news from Securitize: https://x.com/Securitize/statu...