BlackRock BUIDL
5 stories
Securitize Grows Tokenized Volume but Faces Rising Costs and Losses
Securitize processed $5.3 billion in tokenized transactions last quarter, but revenue fell and costs surged, leading to a $5.5 million adjusted EBITDA loss as fewer integrations were completed
Wall Street's $7B Tokenized Funds See Minimal DeFi Adoption
Despite Wall Street pouring billions into tokenized funds, less than 1% of these assets are actively used in DeFi protocols, raising questions about composability, security, and the future of real-world asset integration
Wintermute Gains U.S. Broker-Dealer Status to Challenge ETF Gatekeepers
Wintermute's U.S. broker-dealer registration positions the crypto market maker to compete for a direct role in digital asset ETF infrastructure, but key hurdles remain before it can fully rival Wall Street incumbents in the ETF creation and redemption process
Tokenized Real-World Asset Deposits Surge as DeFi Activity Drops
Tokenized real-world asset deposits on DeFi platforms have tripled to $7.4 billion in a year, even as overall DeFi deposits fell, according to new research from CoinShares and Token Terminal
Wall Street Turns to Ethereum for Tokenized Assets
Ethereum's smart contracts, token standards, and market links are drawing BlackRock, Franklin Templeton, and other firms into on-chain funds and real-world assets while legal, custody, and liquidity risks remain unresolved