Blackrock's $10T Bet on Ethereum | BUIDL Fund

Earlier this month the largest asset manager in the world released its first tokenized fund on Ethereum called the BlackRock BUIDL fund. We knew this was big… but after recording this episode we’re realizing this is an even bigger deal than we initially thought. Tokenized treasuries on chain Tokenized securities on chain. The largest institutions in the world are here and they’re tokenizing their assets. ------ 🌐 CRYPTEX | GET INVOLVED WITH GOVERNANCE FOR THE FUTURE OF DECENTRALIZED MARKETS bankless.cc/Cryptex_pod ------ 📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24 bankless.cc/spotify-premium ------ BANKLESS SPONSOR TOOLS: 🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE k.xyz/bankless-pod-q2 ⁠ 🔗CELO | CEL2 COMING SOON bankless.cc/Celo 🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION bankless.cc/toku 🛞MANTLE | MODULAR LAYER 2 NETWORK bankless.cc/Mantle 🏠 CASA | SECURE YOUR GENERATIONAL WEALTH http:/casa.io/bankless ------ TIMESTAMPS 00:00:00 Intro 00:06:46 What Just Happened Last Week? 00:09:09 What Composes This Fund? 00:15:01 Onchain Dividends 00:20:02 Is BUIDL a Security? 00:22:56 Is It Permissionless? 00:26:02 Redeem Function 00:30:47 What Assets Come Next? 00:39:55 Securitize's Role In This 00:42:39 Size of Inflows 00:47:09 Total Market Size 00:50:46 Yield Accounts 00:53:01 Onboarding New Users 00:55:41 When Central Bank Involvement? 00:59:49 Where Do We Go From Here? 01:02:14 Legitimizing Our Case 01:05:04 Next Blackrock Product ------ Carlos Domingo twitter.com/carlosdomingo Check out the fund contract on Etherscan: etherscan.io/token/0x7712c3420... ------ Not financial or tax advice. See our investment disclosures here: www.bankless.com/disclosures⁠