BlackRock tokenization government bond fund BUIDL breaks $500 million The BlackRock US Dollar Institutional Liquidity Fund (BUIDL) has reached a Market Cap of 5.028 billion USD in less than four months, becoming the first tokenization government bond fund to reach this milestone. Since its launch on March 15th, BUIDL has surpassed the Franklin OnChain U.S. Government Money Fund (BENJI) to become the world's largest tokenization national debt fund, and has maintained its leading position. The price of BUIDL is pegged to the dollar at a 1:1 ratio, and it pays dividends to investors monthly. Ondo's OUSG is the largest holder of BUIDL, holding 173.7 million dollars.#ONDO #OM

On January 9, the RWA platform Ondo Foundation issued a document announcing the points plan, and every wallet user and Ondo community member who holds uninvested USDC or USDT between the launch of OUSG (January 26, 2023) and the end of 2023, as well as ONDO Token holders, USDY holders, etc., will be eligible to receive points. Users have until March 31 to claim their points. The Foundation will disqualify malicious actors, such as Sybil attackers, and Wallets associated with illegal activity.

On May 20th, according to data compiled by CoinDesk, the total market value of tokenized money market funds has tripled to nearly $500 million this year, including Franklin OnChain US Government Money Fund with a scale of $276 million and a scale of $132 million. OUSG and SBTB with a size of US$72 million.