BlackRock fund taps Chronicle for verification

BlackRock's tokenized BUIDL fund, the largest of its kind with approximately $1.7 billion in assets, is integrating Chronicle's new 'verification layer.' This move aims to enhance the security and transparency of the fund, which holds Treasuries, overnight repos, and cash. Chronicle's technology is expected to provide an additional layer of assurance for investors in this significant digital asset offering, marking a key development in the institutional adoption of tokenized financial products.