BlackRock's BUIDL Fund Eyes Expansion into XRP Ledger, Boosting Financial Innovation
CryptocurrencyBlackRockUpdated a day ago

BlackRock's BUIDL Fund Eyes Expansion into XRP Ledger, Boosting Financial Innovation

BlackRock's $2 billion BUIDL Fund is poised to expand into the XRP Ledger, a move that could strengthen the link between traditional finance and blockchain technology. This initiative, in collaboration with Ripple and Securitize, aims to develop the RLUSD smart contract, potentially leading to innovative digital asset solutions and increased institutional interest in blockchain applications.

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BlackRock’s BUIDL Fund Seeks Expansion Into XRP Ledger, Fueling PEPENODE’s $1.4M Presale
PositiveCryptocurrency
BlackRock's BUIDL Fund is making waves by looking to expand into the XRP Ledger, which could significantly enhance the connection between traditional finance and blockchain technology. This move is not just about investment; it's about innovation, as Ripple and Securitize are set to play key roles in developing the RLUSD smart contract. Carlos Domingo, CEO of Securitize, emphasized the importance of this partnership, highlighting how it will integrate RLUSD into their tokenization framework. This expansion could pave the way for more robust digital asset solutions, making it a noteworthy development in the financial landscape.
BlackRock’s $2 billion BUIDL fund may soon expand to XRP Ledger
PositiveCryptocurrency
BlackRock's $2 billion BUIDL fund is set to potentially integrate with the XRP Ledger, as announced by tokenization platform Securitize. This move could enhance the connection between traditional finance and blockchain technology, marking a significant step for XRPL's growth and adoption in the financial sector. It highlights the increasing interest from institutional investors in blockchain solutions, which could lead to more innovative financial products and services.

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