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The Daily Hodl 2024-04-12 18:45:42

Investors in BlackRock’s New Tokenized Assets Fund Can Now Transfer Their Shares To Circle for Stablecoin USDC

Stablecoin issuer Circle just rolled out a new smart contract functionality that enables holders of the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) to convert their shares into USDC. The BUIDL is asset management giant BlackRock’s first tokenized fund that invests in cash, U.S. Treasury bills and repurchase agreements. Shares are represented by a blockchain-based The post Investors in BlackRock’s New Tokenized Assets Fund Can Now Transfer Their Shares To Circle for Stablecoin USDC appeared first on The Daily Hodl .

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