Solana, the fast-growing Ethereum challenger. The move comes a year after the finance giant launched the BlackRock USD Institutional Digital Fund. BUIDL takes traditional money market funds—which serve as short-term places to park cash and earn yield—and combines it with the ledger and payment properties of blockchain.
Crypto-savvy investors can park their BUIDL funds now on seven blockchains, including Solana. Initially launched on Ethereum, BlackRock’s tokenized money market fund has attracted a steady inflow of capital.
