What Could Go Wrong? The Risks of Using BlackRock’s BUIDL Token in Crypto Derivatives Markets
In March 2024, BlackRock launched the BUIDL token as part of its USD Institutional Digital Liquidity Fund and within a few months, it had amassed over $500 million in assets under management (AUM). Designed as an ERC-20 token on Ethereum, BUIDL enables institutional investors to earn yields on tokenized U.S. ...
