Injective: The BlackRock BUIDL Fund Tokenized Index has been launched

ChainCatcher news, according to official sources, the Layer 1 blockchain network Injective has announced the launch of the tokenized index of the BlackRock BUIDL Fund, providing users with on-chain financial tools to access the fund.

The BUIDL Fund is a tokenized fund issued by BlackRock on public blockchains, offering institutional investors returns on assets such as U.S. Treasury bonds. The fund currently manages assets exceeding $500 million.