Peter Gaffney is the Head of Research at Security Token Advisors.
BlackRock’s USD Institutional Digital Liquidity Fund is not the first of its kind to list on Securitize’s platform, but it’s likely the product that will catalyze institutional capital and serious money managers to the Securitize ecosystem.will hold 100% of its assets in cash, U.S. Treasury bills, and repurchase agreements , categorizing it as a digital money market product. Securitize previously and currently acts as the transfer agent and issuance platform for.
through March 2024. BlackRock’s $100 million BUIDL seed funding makes it the largest asset on Securitize, and Week 1 inflows of roughly $175 million already position BUIDL as the second-largest product in the money market cohort with $275 million in AUM behind Franklin Templeton’s $360+ million money market fund.in the primary markets , eventual spillover to a secondary market listing will enable more desirable trading conditions to incentivize investors.
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