BlackRock's Tokenized Fund Reaches $2.5 Billion in Assets

According to PANews, BlackRock's on-chain tokenized fund, BUIDL, has reached an asset management scale of $2. 5 billion, with approximately 80% of the funds concentrated in four wallet addresses. On-chain data reveals that the stablecoin protocol Ethena holds $1. 3 billion, Spark Protocol holds $500 million, and another major holder is the Crypto Relief Fund, founded by Polygon co-founder Sandeep Nailwal, which holds around $140 million source: https://www.binance.com/en/square/post/23392161033498?utm_source=BinanceNewsRSS