Securitize and Ethena Launch BUIDL Facility With $100 Million Capacity
(4 hours ago) · 1 source · Summarized by CryptoBipto
Securitize and Ethena have opened a facility tied to BlackRock's BUIDL tokenized fund with a capacity of $100 million. The facility connects traditional tokenized assets with decentralized finance infrastructure. Details on the exact structure and use cases of the facility were announced through a joint effort between the two platforms.
WHY IT MATTERS
Think of tokenized funds like digital versions of traditional investments — instead of owning shares through a brokerage, you hold tokens on a blockchain.
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SOURCES
- thedefiant.io
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