Earlier this month the largest asset manager in the world released its first tokenized fund on Ethereum called the BlackRock BUIDL fund.
We knew this was big… but after recording this episode we’re realizing this is an even bigger deal than we initially thought.
Tokenized treasuries on chain
Tokenized securities on chain.
The largest institutions in the world are here and they’re tokenizing their assets.
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TIMESTAMPS
00:00:00 Intro
00:06:46 What Just Happened Last Week?
00:09:09 What Composes This Fund?
00:15:01 Onchain Dividends
00:20:02 Is BUIDL a Security?
00:22:56 Is It Permissionless?
00:26:02 Redeem Function
00:30:47 What Assets Come Next?
00:39:55 Securitize's Role In This
00:42:39 Size of Inflows
00:47:09 Total Market Size
00:50:46 Yield Accounts
00:53:01 Onboarding New Users
00:55:41 When Central Bank Involvement?
00:59:49 Where Do We Go From Here?
01:02:14 Legitimizing Our Case
01:05:04 Next Blackrock Product
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Carlos Domingo
https://twitter.com/carlosdomingo
Check out the fund contract on Etherscan:
https://etherscan.io/token/0x7712c34205737192402172409a8F7ccef8aA2AEc
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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures⁠