贝莱德的 BUIDL 跻身代币化国库基金巅峰

贝莱德美元机构数字流动性基金（BUIDL）已成为区块链上最大的代币化国债基金，超过了富兰克林邓普顿的同类产品。该基金的市值达到3.75亿美元，超过了富兰克林的BENJI基金。这种快速增长的部分原因是来自 Ondo Finance 的 5000 万美元转账，这表明对高效现金解决方案的需求不断增长。 BUIDL 的主要特点包括基于以太坊的运营、与 Coinbase 的合作、高投资最低限度、合规性关注和股息分配。过去一个月，代币化政府证券的总资产管理规模猛增了 5000 万美元，其中 BUIDL 的增幅领先，达 34%，这凸显了代币化在金融市场中的日益普及。

BlackRock's BUIDL Fund Emerges as Largest Tokenized Treasury Fund, Surpassing Franklin Templeton's BENJI

贝莱德的 BUIDL 基金超越富兰克林邓普顿的 BENJI，成为最大的代币化国债基金

New York, April 29, 2024 - BlackRock's USD Institutional Digital Liquidity Fund (BUIDL) has ascended to the शीर्ष position among tokenized treasury funds on the blockchain, eclipsing the previously dominant product from Franklin Templeton.

纽约，2024 年 4 月 29 日 - 贝莱德的美元机构数字流动性基金（BUIDL）在区块链上的代币化国库基金中的地位上升，超越了富兰克林邓普顿之前的主导产品。

Within just six weeks of its inception, BUIDL has amassed a market capitalization of $375 million, surpassing that of Franklin's year-old Franklin OnChain U.S. Government Money Fund (BENJI), which currently stands at $368 million. This surge has been primarily driven by a substantial $50 million transfer from Ondo Finance, a real-world asset tokenization platform.

在成立后的短短六周内，BUIDL 的市值就达到了 3.75 亿美元，超过了富兰克林成立一年的富兰克林链上美国政府货币基金 (BENJI)，后者目前的市值为 3.68 亿美元。这一激增主要是由现实世界资产代币化平台 Ondo Finance 巨额转账 5000 万美元推动的。

Rising Demand for Digital Treasury Funds

对数字国库资金的需求不断增长

The rapid growth of BUIDL reflects the increasing demand for digital treasury products among institutional investors. Tokenization offers several advantages over traditional treasury funds, including enhanced liquidity, immediate settlement, and improved transparency.

BUIDL的快速增长反映了机构投资者对数字金库产品日益增长的需求。与传统国库资金相比，代币化具有多种优势，包括增强流动性、立即结算和提高透明度。

Key Features of BUIDL

BUIDL 的主要特点

BUIDL is a groundbreaking fund that operates on the Ethereum blockchain, leveraging its secure and transparent platform. It boasts a strategic partnership with Coinbase, a leading cryptocurrency exchange, which provides crucial infrastructure support.

BUIDL 是一个突破性的基金，在以太坊区块链上运作，利用其安全和透明的平台。它与领先的加密货币交易所 Coinbase 建立了战略合作伙伴关系，后者提供了关键的基础设施支持。

To ensure regulatory compliance and investor protection, BUIDL adheres to stringent SEC guidelines when issuing shares. It requires a minimum investment of $5 million, catering to entities and individuals with substantial capital seeking stable, well-protected investment opportunities.

为了确保合规性和投资者保护，BUIDL 在发行股票时遵守严格的 SEC 指导方针。它要求最低投资额为 500 万美元，适合拥有大量资本、寻求稳定、受到良好保护的投资机会的实体和个人。

Stable Value and Dividend Distribution

稳定的价值和股息分配

BUIDL aims to maintain a stable token value and distributes tokens as monthly dividends. This feature further enhances the fund's attractiveness to investors seeking regular income and preservation of capital.

BUIDL 旨在维持稳定的代币价值，并以每月股息的形式分配代币。这一特点进一步增强了该基金对寻求定期收入和资本保值的投资者的吸引力。

Market Growth and Comparisons

市场增长和比较

Over the past month, the aggregate assets under management (AUM) for tokenized government securities have experienced a notable $50 million increase, reaching $1.25 billion, representing a 4% growth.

过去一个月，代币化政府证券的管理总资产（AUM）显着增加了 5000 万美元，达到 12.5 亿美元，增长 4%。

While BUIDL has witnessed an impressive 34% surge, the second-largest treasury fund, BENJI, has grown by a mere 2%. Notably, USYC and MPLCash have declined by 5% and 58%, respectively.

BUIDL 的涨幅高达 34%，令人印象深刻，而第二大财政基金 BENJI 的涨幅仅为 2%。值得注意的是，USYC 和 MPLCash 分别下降了 5% 和 58%。

BlackRock's Vision for Tokenization

贝莱德的代币化愿景

BlackRock's CEO, Larry Fink, has long been an advocate for the tokenization of financial assets. In 2012, he famously predicted the transformative potential of exchange-traded funds (ETFs) in fixed income markets. Today, fixed income ETFs have become a ubiquitous investment vehicle, with BlackRock's own ETF portfolio exceeding $3.5 trillion.

贝莱德首席执行官拉里·芬克长期以来一直是金融资产​​代币化的倡导者。 2012 年，他对固定收益市场中交易所交易基金 (ETF) 的变革潜力作出了著名预测。如今，固定收益 ETF 已成为一种无处不在的投资工具，贝莱德自己的 ETF 投资组合超过 3.5 万亿美元。

Fink anticipates that the tokenization of financial assets will be the next major industry disruptor, with every stock and bond eventually having its own token representation.

芬克预计，金融资产的代币化将成为下一个主要的行业颠覆者，每种股票和债券最终都有自己的代币代表。

Conclusion

结论

The emergence of BUIDL as the largest tokenized treasury fund is a testament to the growing acceptance of digital treasury products within the investment community. BlackRock's entry into this space with a substantial product offering further validates the potential of tokenization to revolutionize the financial industry. As the market continues to evolve, it remains to be seen how other asset managers and financial institutions will respond to this transformative trend.

BUIDL 作为最大的代币化财务基金的出现证明了投资界对数字财务产品的接受度不断提高。贝莱德凭借丰富的产品进入这一领域，进一步验证了代币化彻底改变金融业的潜力。随着市场的不断发展，其他资产管理公司和金融机构将如何应对这一变革趋势还有待观察。