The Defiant - DeFi Podcast
BlackRock's BUIDL | Creating The Largest Tokenized Treasury Fund With Securitize
May 6, 2024
Carlos Domingo, CEO of Securitize, discusses partnering with BlackRock to tokenize assets. Topics include onchain vs offchain, institutional investors, secondary market, future of tokenization, impact of BlackRock, use cases for tokenization, and bridging the gap between Web2 and Web3 assets in finance.
51:59
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Securitize partners with BlackRock to modernize traditional financial markets with tokenized assets on Ethereum.
- BlackRock's USD Institutional Digital Liquidity Fund attracts over $280 million in investments, offering benefits like faster issuance and peer-to-peer trading.
Deep dives
The Launch of the BlackRock USD Institutional Digital Liquidity Fund on Ethereum
The BlackRock USD Institutional Digital Liquidity Fund was recently launched on Ethereum, with Securitize serving as the transfer agent for the fund. This tokenized fund attracted over $280 million in investments. The fund is structured for qualifying investors and institutions, investing its assets in cash, US Treasury bills, and repurchase agreements. The main goal of this fund is to bring an institutional cash management product on chain to provide advantages like faster issuance, peer-to-peer trading, and transparent settlement.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
