貝萊德的代幣化革命：美​​國公債突破10億美元

受貝萊德美元機構數位流動性基金（BUIDL）的影響，美國國債在各種區塊鏈上的代幣化已超過 10 億美元。由於大量交易，BUIDL 的市值已達到 2.448 億美元。 Ondo Finance 的 7,930 萬美元存款使其成為 BUIDL 的主要股東，凸顯了代幣化在即時結算方面的戰略用途。

BlackRock's Tokenization of U.S. Treasurys Surges Past $1 Billion, Fueling Market Growth

貝萊德美國公債代幣化規模突破 10 億美元，推動市場成長

The tokenization of U.S. Treasuries has gained significant momentum, surpassing $1 billion in value across multiple blockchains. This surge has been largely driven by the launch of BlackRock's USD Institutional Digital Liquidity Fund ("BUIDL"), which has rapidly become a major player in the market.

美國國債的代幣化勢頭強勁，多個區塊鏈的價值超過 10 億美元。這一飆升主要是由貝萊德美元機構數位流動性基金（「BUIDL」）的推出推動的，該基金已迅速成為市場的主要參與者。

Launched on March 20, BUIDL has quickly amassed a market capitalization of $244.8 million. Four substantial transactions totaling $95 million within a week have propelled its growth, making it the second-largest fund of its kind, trailing only Franklin Templeton's Franklin OnChain U.S. Government Money Fund (FOBXX) with $360.2 million in assets.

BUIDL 於 3 月 20 日推出，迅速累積了 2.448 億美元的市值。一週內總計9,500 萬美元的四筆重大交易推動了其成長，使其成為同類第二大基金，僅次於富蘭克林鄧普頓的富蘭克林鏈上美國政府貨幣基金(FOBXX)，資產規模為3.602 億美元。

The milestone of $1 billion in tokenized U.S. Treasurys is spread across 17 distinct products, showcasing the expanding reach of this financial innovation. BlackRock's fund has received a significant contribution of $79.3 million from Ondo Finance, a move that highlights Ondo's commitment to facilitating instant settlements for its U.S. Treasury-backed token (OUSG). This investment gives Ondo a 38% stake in BUIDL.

10 億美元代幣化美國國債的里程碑分佈在 17 種不同的產品中，展示了這項金融創新的影響範圍不斷擴大。貝萊德的基金已從 Ondo Finance 獲得 7,930 萬美元的巨額捐款，此舉凸顯了 Ondo 致力於促進其美國財政部支持的代幣 (OUSG) 的即時結算。這項投資使 Ondo 獲得了 BUIDL 38% 的股份。

BUIDL operates on a 1:1 peg to the U.S. dollar, offering investors daily accrued dividends paid monthly. Its launch leveraged the Securitize protocol on Ethereum, reflecting the broader industry trend toward utilizing blockchain for increased efficiency.

BUIDL 與美元 1:1 掛鉤，為投資者提供每日應計股息、每月支付。它的推出利用了以太坊上的 Securitize 協議，反映了利用區塊鏈提高效率的更廣泛的行業趨勢。

BlackRock CEO Larry Fink and other industry leaders view tokenization as a means of streamlining capital markets. Projections indicate a potential market size of $16 trillion by 2030. Tokenization is not limited to government securities, with a growing array of assets, including stocks and real estate, being tokenized. Ethereum alone hosts $700 million of tokenized real-world assets (RWAs).

貝萊德執行長拉里·芬克和其他行業領導者將代幣化視為簡化資本市場的手段。預測表明，到 2030 年，潛在市場規模將達到 16 兆美元。代幣化不僅限於政府證券，包括股票和房地產在內的越來越多的資產正在被代幣化。光是以太坊就擁有價值 7 億美元的代幣化現實世界資產 (RWA)。

Beyond traditional asset management firms, Franklin Templeton has also embraced tokenization, utilizing both Stellar and Polygon for its FOBXX fund. The burgeoning sector encompasses a diverse ecosystem of platforms, including established financial institutions like WisdomTree and blockchain-native companies such as Ondo Finance, Backed Finance, and others. This convergence underscores a multifaceted approach toward integrating RWAs into the digital blockchain landscape.

除了傳統的資產管理公司之外，富蘭克林鄧普頓還擁抱代幣化，在其 FOBXX 基金中使用了 Stellar 和 Polygon。這個新興產業涵蓋了多元化的平台生態系統，包括 WisdomTree 等成熟金融機構和 Ondo Finance、Backed Finance 等區塊鏈原生公司。這種融合強調了將 RWA 整合到數位區塊鏈領域的多方面方法。