In March 2024, when the world's largest asset management company BlackRock and the tokenization platform Securitize announced the launch of the first tokenized fund on Ethereum, the entire crypto market focused on this event. This is not just a product launch; it is a crucial step for traditional finance to enter the crypto world. Previously, BlackRock introduced crypto assets into traditional finance through a Bitcoin spot ETF; this time, buidl reversely brings the norms, security, and profitability of traditional finance into the crypto market, opening the door for RWA (Real World Assets) to a new DeFi universe.
The birth of buidl: an official declaration of traditional finance entering the crypto world
If you have ever invested in traditional funds, you will experience this dilemma: subscription and redemption both take time. Settlement cycles of T+3 days, T+5 days make capital efficiency greatly