TLDR Crypto · INNOVATION & LAUNCHES

BLACKROCK EXPANDS BLOCKCHAIN-BASED MONEY MARKET TO SOLANA, IN TIE-UP WITH STARTUP SECURITIZE

fortune.com2 min read

Summary from the TLDR Crypto newsletter

BlackRock is expanding its blockchain-based money market fund, BUIDL, to Solana, allowing crypto investors to park cash with yield-earning capabilities on a fast-growing blockchain. This move aligns with the broader trend of financial tokenization, as BlackRock and other major firms push to integrate traditional finance with blockchain technology.