BlackRock unveils its first tokenized asset fund, BUIDL, built on the Ethereum network and fully backed by cash, US Treasury bills, and repurchase agreements (Krisztian Sandor/CoinDesk)

Krisztian Sandor / CoinDesk:BlackRock unveils its first tokenized asset fund, BUIDL, built on the Ethereum network and fully backed by cash, US Treasury bills, and repurchase agreements  —  The asset management giant also made a strategic investment in asset tokenization company Securitize.