Cointelegraph reported on Oct 19 that BlackRock sees tokenized funds moving deeper into Wall Street core infrastructure, with uses as collateral and around-the-clock transfers, per Bloomberg (post). Two other crypto accounts posted the same Bloomberg attribution that morning, describing growing use as collateral and for 24/7 transfers (cryptodotnews, CryptoMeterIO). The Leviathan summary adds the framing in your material: going from experiment to core infrastructure, used as collateral and for 24/7 trading. It also puts the BlackRock USD Institutional Digital Liquidity Fund BUIDL at about 2.3B USD, but says bank adoption and regulation are lagging. That 2.3B figure is a claimed fund size, not a verified on-chain total here. Arkham lists BUIDL at $1 with deployments on ethereum 0x7712…AEc, polygon, bsc, optimism, avalanche, arbitrum and solana. The original Bloomberg piece and direct BlackRock statement were not readable in the sources returned, so quote details beyond this summary are not confirmed.

BUIDL

Cointelegraph reported on Oct 19 that BlackRock sees tokenized funds moving deeper into Wall Street core infrastructure, with uses as collateral and around-the-clock transfers, per Bloomberg (post). Two other crypto accounts posted the same Bloomberg attribution that morning, describing growing use as collateral and for 24/7 transfers (cryptodotnews, CryptoMeterIO). The Leviathan summary adds the framing in your material: going from experiment to core infrastructure, used as collateral and for 24/7 trading. It also puts the BlackRock USD Institutional Digital Liquidity Fund BUIDL at about 2.3B USD, but says bank adoption and regulation are lagging. That 2.3B figure is a claimed fund size, not a verified on-chain total here. Arkham lists BUIDL at $1 with deployments on ethereum 0x7712…AEc, polygon, bsc, optimism, avalanche, arbitrum and solana. The original Bloomberg piece and direct BlackRock statement were not readable in the sources returned, so quote details beyond this summary are not confirmed.

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