TLDR Crypto · INNOVATION & LAUNCHES

MAKERDAO'S $1B TOKENIZED TREASURY INVESTMENT PLAN DRAWS INTEREST FROM BLACKROCK'S BUIDL, ONDO, SUPERSTATE

coindesk.com3 min read

Summary from the TLDR Crypto newsletter

MakerDAO is set to launch an open competition to invest $1 billion in tokenized U.S. Treasury products, attracting interest from major players like BlackRock's BUIDL, Ondo Finance, and Superstate. This move is expected to significantly boost the $1.8 billion tokenized real-world asset market.