The BlackRock USD Institutional Digital Liquidity Fund, represented by the BUIDL token on the Ethereum (ETH) network and backed by U.S. Treasury bills, repo agreements and cash, now boasts $375 million of deposits after enjoying $70 million of inflows last week, blockchain data by rwa.xyz shows. The fund, created with tokenization services platform Securitize, has captured almost 30% market share since its debut on March 21.
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