What BUIDL holds
BUIDL is a tokenized fund that holds short-term U.S. Treasury bills. It's managed by BlackRock, the world's largest asset manager, which gives the token a credibility that few other tokenized products carry. The token sits on a blockchain, trading and settling directly on the ledger, without the layers of intermediaries that come with conventional bond trading.
The token's market cap growth is now leading the category. That
