The BlackRock USD Institutional Digital Liquidity Fund, created with tokenization firm Securitize, holds cash, U.S. Treasury bills and repurchase agreements. Investment in the fund is represented by the Ethereum-based BUIDL token, which provides yield paid out via blockchain rails every day to token holders.
Ondo Price Spikes 5% as Ondo Finance Tests Instant USDC Redemption From BlackRock (BLK) BUIDL Fund
