Securitize has opened a facility that allows qualified investors to exchange BlackRock's tokenized BUIDL fund for USDC at any time, including nights and weekends. The service starts with $50 million in liquidity and can expand to $100 million within an hour. Ethena backs the initiative, which Securitize operates as the regulated transfer agent.
The facility addresses a gap in tokenized fund trading. While blockchain-based assets can move continuously, redemptions typically follow banking hours. BUIDL has attracted $2.5 billion since launching in March 2024 and operates across Ethereum, Solana, BNB Chain and Aptos. The new liquidity option gives institutional holders a way to access funds when traditional markets are closed.
Read the full story on BSC News: Securitize and Ethena Launch $100 Million 24/7 Liquidity Facility for BlackRock's BUIDL Fund
Want the day's biggest crypto stories in one email each morning? Subscribe to The BSCN Debrief