BlackRock BUIDL and Ondo and other issuers are interested in participating in MakerDAOs $1 billion Treasury bond tokenization plan

Odaily News Several industry players, including BlackRock’s BUIDL, Superstate and Ondo Finance, have expressed their willingness to actively participate in MakerDAO’s plan announced on Thursday to invest $1 billion of its reserves in tokenized U.S. Treasury products. MakerDAO’s plan reportedly represents a major shift in its reserve strategy, with the protocol leading the real-world asset (RWA) trend for cryptocurrencies, partially backing its decentralized stablecoins, which are backed by U.S. government bonds and notes held off-chain by a range of partners. (CoinDesk)