1 hr 9 min

BUIDL: Blackrock's $10T Bet on Ethereum | Carlos Domingo Bankless

    • Technology

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
https://bankless.cc/Cryptex_pod 
------
📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24 
https://bankless.cc/spotify-premium 
------
BANKLESS SPONSOR TOOLS:
🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
https://k.xyz/bankless-pod-q2    ⁠ 
🔗CELO | CEL2 COMING SOON
https://bankless.cc/Celo   
🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION
https://bankless.cc/toku   
🛞MANTLE | MODULAR LAYER 2 NETWORK
https://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
https://twitter.com/carlosdomingo

Check out the fund contract on Etherscan:
https://etherscan.io/token/0x7712c34205737192402172409a8F7ccef8aA2AEc 
------
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures⁠ 

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
https://bankless.cc/Cryptex_pod 
------
📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24 
https://bankless.cc/spotify-premium 
------
BANKLESS SPONSOR TOOLS:
🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
https://k.xyz/bankless-pod-q2    ⁠ 
🔗CELO | CEL2 COMING SOON
https://bankless.cc/Celo   
🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION
https://bankless.cc/toku   
🛞MANTLE | MODULAR LAYER 2 NETWORK
https://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
https://twitter.com/carlosdomingo

Check out the fund contract on Etherscan:
https://etherscan.io/token/0x7712c34205737192402172409a8F7ccef8aA2AEc 
------
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures⁠ 

1 hr 9 min

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