MakerDAO’s Spark to invest $500 million in BlackRock’s BUIDL fund

Spark has announced that BlackRock, Superstate, and Centrifuge are the winners of its Tokenization Grand Prix. The goal is to allocate $1 billion in tokenized assets, with BlackRock’s BUIDL fund se...

By · · 1 min read
MakerDAO’s Spark to invest $500 million in BlackRock’s BUIDL fund

Source: CryptoSlate

Spark has announced that BlackRock, Superstate, and Centrifuge are the winners of its Tokenization Grand Prix. The goal is to allocate $1 billion in tokenized assets, with BlackRock’s BUIDL fund set to receive half of it. The competition, launched in July 2024, allocated funds through the Spark Liquidity Layer (SLL). The initiative aimed to integrate […]