BlackRock's BUIDL fund surpasses $1 billion

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On March 14, the Blackrock BUIDL tokenization fund today surpassed $1 billion in assets under management, becoming the largest on-chain government bond fund in the world. On-chain data shows that at 18:47 UTC on March 14, Ethena minted $200 million worth of BUIDL tokens, driving the fund's assets to exceed $1 billion.

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