BlackRock BUIDL Fund product
Overview
BlackRock BUIDL Fund is a tokenized money market fund launched on Ethereum. It is issued by BlackRock and invests in U.S. Treasuries, repurchase agreements, and cash, offering on-chain yield to qualified investors. The fund is part of a growing trend of tokenized real-world assets (RWAs) in DeFi.
Within the DeFi Intel graph, BlackRock BUIDL Fund connects to 2 tracked entities, most strongly to BlackRock, USDtb (Ethena BUIDL-backed Stablecoin).
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 2 of 2 total).
| Relation | Connected entity | Confidence |
|---|---|---|
managed_by | BlackRock | 95% |
backed_by | USDtb (Ethena BUIDL-backed Stablecoin) | 90% |
Frequently asked questions
What is the BlackRock BUIDL Fund?
The BlackRock BUIDL Fund is a tokenized money market fund launched on Ethereum that invests in U.S. Treasuries, repurchase agreements, and cash, offering on-chain yield to qualified investors.
Who manages the BlackRock BUIDL Fund?
The BlackRock BUIDL Fund is managed by BlackRock.
What is the BlackRock BUIDL Fund connected to?
The BlackRock BUIDL Fund is connected to USDtb, an Ethena BUIDL-backed Stablecoin, which is backed by the fund.