Explainers
BUIDL: A $2.7B Fund With Few Holders
BlackRock's BUIDL token holds billions in tokenized Treasuries, yet its holder count is small enough to fit in a room. That concentration is the real story.
tokenized treasuries
RWAs
What Are Real World Assets (RWAs)? A Clear Guide
Real world assets, or RWAs, are traditional financial assets like Treasuries, gold, and credit issued as tokens on public blockchains. Here is how they work and why the market crossed $30 billion.
tokenized treasuries
Tokenized Treasuries: How They Work and Why They Matter
Tokenized treasuries are the largest real-world asset category onchain. Here is how they work, who buys them, and why reliable data underpins the whole market.