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Securitize Launches BlackRock BUIDL Fund and USDC Conversion Services

Tokenization platform Securitize has announced the launch of a conversion service between the Circle stablecoin (USDC) and the US dollar dedicated to BlackRock's US Dollar Institutional Digital Liquidity Fund (BUIDL). Securitize said in a statement that the integration is designed to reduce investment costs and simplify the subscription process for BUIDL funds for traditional financial investors.