BlackRock last week unveiled its first tokenized fund on a public blockchain.The investment manager has involved key institutions from both the TradFi world and the crypto sector. https://www.coindesk.com/resizer/7k3R2Qj-Td0x_O_LvhXpqj-2-ec=/975x548/filters:quality(80):format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/JPFFKD7TPJBY7NGMXA4I2EV7BI.jpg
the world's largest asset manager, has unveiled its first tokenized fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), on a public blockchain. This significant development marks a pivotal step in the convergence of traditional finance (TradFi) and the crypto sector, as BlackRock has strategically involved key institutions from both domains in this innovative venture.