BlackRock USD Institutional Digital Liquidity Fund Token

BUIDL


Price
$1 USD (0%)

24h Volume
0

Market Cap
$349,430,247

Last Trade
April 27, 2024

Last Trade
April 27, 2024
BlackRock USD Institutional Digital Liquidity Fund logo

BUIDL Market Cap & Volume

Source: STM.co

Trading History

Login to see full trading history

Login Register

Terms

Fundraise Information

Total Raise -
Soft Cap -
Raise Status Open since Active
Minimum Investment $5,000,000 USD
Accepted Investors US Accredited
Exemptions RegD
Instrument Class A Shares
Token Issuance Info Institutional Transaction

Token Information

Price Per (BUIDL) $1 USD (0%)
Token Issuance Platform Securitize
Blockchains Available On Ethereum
Security Type Lp Fund Interest
Asset Class Pooled Investment Fund Interest
Payment Options USD

Token Rights

Daily accrued dividends paid directly to investors' wallets as new tokens each month. Investors can transfer their tokens 24/7/365 to other pre-approved investors.

About

Overview

The BlackRock USD Institutional Digital Liquidity Fund (BUIDL) will provide qualified investors with the opportunity to earn U.S. dollar yields by subscribing to the Fund through Securitize Markets, LLC. Through the tokenization of the Fund, BUIDL will offer investors important benefits by enabling the issuance and trading of ownership on a blockchain, expanding investor access to on-chain offerings, providing instantaneous and transparent settlement, and allowing for transfers across platforms. BNY Mellon will enable interoperability for the Fund between digital and traditional markets.

Additional Information:
Management Fees: 0.50%
Sales Commissons: $525,000
Domicile: British Virgin Islands
Fund Manager and Sponsor: BlackRock Financial Management, Inc.
Transfer Agent and Tokenization Platform: Securitize
Placement Agent: Securitize Markets
Fund Administrator and Custodian: Bank of New York Mellon
Fund Auditor: PricewaterhouseCoopers LLP
Key Infrastructure and Wallet Providers: Anchorage Digital Bank NA, BitGo, Coinbase, and Fireblocks

Fund participants will have flexible custody options allowing them to choose how to hold their tokens

Highlights

This listing is for informational purposes only, highlighting the issuance information. The market cap on this listing represents the Assets Under Management (AUM). Trading data is currently unavailable

Click Here for Etherscan


Click Here for Press Release


Fund Allocations: The Fund will invest 100% of its total assets in cash, U.S. Treasury bills, notes and other obligations issued or guaranteed as to principal and interest by the U.S. Treasury, and repurchase agreements secured by such obligations or cash.