Introducing BlackRock’s BUIDL Fund Tokenized Index, powered by Injective

Injective has made a significant leap in the world of decentralized finance by introducing the first-ever tokenized index for BlackRock’s BUIDL Fund. This innovative move marks a new era in on-chain financial instruments, providing users with unprecedented access to tokenized assets.

This is the first perpetual index market of its kind that tracks the supply of the BUIDL fund itself. The BUIDL fund is BlackRock’s first tokenized fund, giving holders U.S. dollar yields. The BUIDL Index will be exclusively accessible via a range of different dApps only on Injective, such as Helix, offering a new gateway to the tokenized fund with the lowest fees and fastest speeds in the crypto space.

What is the BUIDL Fund ?

The BUIDL Fund, officially known as the BlackRock USD Institutional Digital Liquidity Fund, represents BlackRock’s foray into the world of tokenized assets. This fund is designed to provide institutional investors with access to yield on assets such as U.S. treasuries, which are traditionally considered safe and stable investments. Each BUIDL token maintains a stable value of $1 and offers daily accruing dividends paid monthly, making it an attractive option for investors seeking both stability and yield in the digital asset space.

According to **Rwa.xyz**, a leading real-world asset analytics platform, the BUIDL fund has surpassed $520M+ in assets under management (AUM), making BUIDL the largest tokenized fund in the market.

The BUIDL fund is a collaborative effort, with BlackRock serving as the primary investment manager. Other partners include:

• Coinbase: Participating as a leading crypto firm.
• BitGo and Fireblocks: Injective’s institutional partners, providing secure infrastructure.

Introducing the BUIDL Index

First ever 24/7 Market for BlackRock’s BUIDL Fund

The BUIDL Index allows anyone to invest in tokenized assets like U.S. treasuries with leverage anytime. This innovative market was collaborated with Stork, a leading price feed provider.

Benefits:

• Fast and accurate data (updated in milliseconds)
• Secure and tamper-proof information
• Tracks the BUIDL Fund’s underlying supply

This index meets growing demand for tracking institutional investment in crypto. The BUIDL Fund has become a benchmark for institutional interest, and now users can:

• Monitor inflows and outflows in real-time
• Gain exposure to tokenized assets 24/7

Injective’s advanced oracle network ensures reliable data feeds, paving the way for groundbreaking tokenized assets.

Injective Advances Real-World Asset (RWA) Tokenization

Injective’s BUIDL Index launch marks a significant milestone in its asset tokenization dominance. Developers and community members are bridging traditional and on-chain finance, positioning Injective as the go-to Layer 1 for innovative asset offerings.

Technical breakthroughs, including the pioneering RWA module and oracle, enable seamless tokenized offerings. This innovation has made possible the BUIDL Index, expanding access to institutional-grade assets.

Previously, the BUIDL fund required a $5 million minimum investment, limiting it to institutions. Now, anyone globally can trade the BUIDL index perpetual future market with just $1, democratizing access to this asset class.

As the only blockchain built specifically for finance, Injective paves the way for a capital-efficient world where traditional and on-chain finance converge.

Availability:

BlackRock’s Buidl index is now available and can be trade on injective major dex **Helix.**

Disclaimer: Injective’s BUIDL Index and BlackRock’s BUIDL Fund are separate, unaffiliated products with differing performance. Injective’s Index tracks BUIDL token supply, not fund market price.

Do your own research. This is not financial advice.

About Injective:

Injective is natively interoperable with Cosmos while also connecting to a wide array of new chains such as Ethereum, Solana, and more. Injective is the fastest L1 blockchains in Web3. With a 0.8s block production time, over 415M on-chain transactions (and counting), an average transaction cost of less than $0.01, Injective offers both developers and users the best environment to create and utilize DeFi apps. The largest institutions have integrated with Injective, providing the most liquidity and capital efficient environment for a legion of innovative DeFi applications.

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