Securitize Adds Former IMF Board Member Sunil Sabharwal to Board
The tokenization firm says it manages more than $4 billion in on-chain assets, including BlackRock’s BUIDL fund, and was valued at $1 billion in a deal announced last October.
BUIDL
Summary
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Terms & Concepts
on-chain assets: Assets recorded and managed on a blockchain, allowing ownership and transactions to be tracked transparently on the network.
tokenization: The process of representing real-world or financial assets on a blockchain as digital tokens.
BUIDL fund: BlackRock’s blockchain-based fund, managed through tokenized fund infrastructure in the digital asset market.