Injective Launch of BlackRock BUIDL Fund Tokenized Index
On September 4th, Layer 1 blockchain network Injective announced the launch of the BlackRock BUIDL Fund's tokenized index, providing users with on-chain financial instruments to access the fund. BUIDL Fund is BlackRock's tokenized fund issued on the public blockchain, providing institutional investors with returns on assets such as US Treasury bonds. The fund currently manages assets of more than $500 million.