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sBUIDL Officially Lands on Euler, Opening a New Chapter for Tokenized Assets 🚀 @Securitize @BlackRock @eulerfinance
Issued by @Securitize and supported by BlackRock, sBUIDL is now live on @eulerfinance 🔥 This is the first time BUIDL has directly integrated with a DeFi protocol!
Let's dive into more details together 🧵👇

What is @Securitize ?
@Securitize is a company that combines blockchain technology with finance to expand investors' access to traditionally private markets by tokenizing real-world assets (RWA).
In May 2024, @Securitize received a total of $47 million in financing from well-known listed institutions around the world, including @BlackRock 🙌 twitter.com/143507893548675891...
First, let’s take a look at sBUIDL ✨
sBUIDL is an ERC-20 token minted by @Securitize through its sToken technology, which can be exchanged 1:1 with @BlackRock's BUIDL fund 🚀
BUIDL invests in U.S. Treasury bills and repurchase agreements, providing daily returns and liquidity, while sBUIDL converts them into DeFi tokens that can be flexibly operated.
Key highlights:
🌟 ERC-20 twitter.com/129502854113917748...
sBUIDL use case on @eulerfinance 🖼️
On @eulerfinance, sBUIDL offers investors a diverse DeFi strategy while keeping the returns of the BUIDL fund!
Application scenarios:
🟢 Lend stablecoins: such as USDC, USDT, AUSD, deUSD.
🟢 Unlock liquidity: Gain liquidity without selling BUIDL and retain your earnings.
🟢 DeFi composability: with @avax twitter.com/971201087767068672...
Impact on the future development of DeFi 👀
The integration of sBUIDL on @eulerfinance also represents a further fusion of traditional finance and DeFi, opening up new opportunities for both institutions and retail investors. It also allows everyone to see how tokenized assets can enjoy the liquidity and innovation brought by DeFi while being safe and compliant.
I believe this is just the beginning. As more RWAs enter the cryptocurrency field, traditional finance and DeFi will
Further reading: BlackRock led the investment, raising 47 million in financing, the supernova RWA platform Securitize introduction, fund subscription tutorial
cryptowesearch.com/articles/al...
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Sector:
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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