BlackRock’s BUIDL Fund Seeks Expansion Into XRP Ledger, Fueling PEPENODE’s $1...
BlackRock’s $2B Institutional Digital Liquidity Fund (BUIDL) fund is seeking expansion into XRP Ledger (XRPL), essentially deepening the relationship between tradfi and blockchain infrastructure. The official announcement named Ripple and tokenization platform Securitize as the driving forces behind the functionality of the coming RLUSD smart contract. Carlos Domingo, CEO and co-founder of Securitize, declared: Partnering with Ripple to integrate RLUSD into our tokenization infrastructure is a major step forward in automating liquidity for tokenized assets —Carlos Domingo, CEO of....
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Ripple has added another institutional rail to its stablecoin strategy: through an integration with Securitize, holders of BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) and VanEck’s VBILL tokenized US Treasuries can now redeem fund shares for Ripple USD (RLUSD) around the clock—initially on Ethereum, with support for the XRP Ledger (XRPL) in the pipeline. BlackRock […]
Abu Dhabi’s sovereign wealth fund, Mubadala Investment Company, increased its exposure to crypto during the first quarter of 2025 through additional investment in BlackRock’s spot Bitcoin ETF. A recent filing with the US Securities and Exchange Commission (SEC) revealed that the fund added 491,439 shares of BlackRock’s iShares Bitcoin Trust (IBIT), raising its total holdings […]
Ripple has unveiled a partnership that places its RLUSD stablecoin at the center of tokenized finance involving BlackRock and VanEck. The announcement, which was shared on the company’s official X account, connects Ripple directly to tokenized versions of institutional funds and sets the stage for deeper integration between the XRP Ledger and some of the largest names in asset management. Ripple And Securitize Join Forces Ripple confirmed that it is working with Securitize,the world’s largest tokenization platform, to bring in real-time liquidity for institutional assets provided by....
Pepenode’s presale just passed the $800K mark, following a surge in investor interest shortly after it started. The project’s appeal comes from its mine-to-earn mechanics, which enable meme coin mining in a customized rig, but that’s not necessarily the innovative part. The innovative part is that you get to craft your own rig yourself and […]
Financial management behemoth BlackRock has made another move in its approach to blockchain by starting a fund for big clients on the Solana network. Reports from Fortune say that this fund, called the USD Institutional Digital Fund (BUIDL), is now available on seven different blockchain platforms. Related Reading: Solana Co-Founder Challenges Layer 2s—Are They Even […]