BlackRock, VanEck Tokenized Funds Add RLUSD Support
The post BlackRock, VanEck Tokenized Funds Add RLUSD Support appeared on BitcoinEthereumNews.com.
Ripple and the tokenization platform Securitize have integrated the Ripple USD stablecoin as an off-ramp for tokenized funds by major crypto investment firms BlackRock and VanEck. Ripple and Securitize launched a smart contract allowing holders of BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) and VanEck’s Treasury Fund (VBILL) to exchange their tokenized shares for the Ripple USD (RLUSD) stablecoin. The smart contract allows BUIDL and VBILL investors to instantly exchange their shares for RLUSD at any time, enabling additional onchain transfers. “Partnering with Ripple to integrate RLUSD into our tokenization infrastructure is a major step forward in automating liquidity for tokenized assets,” Securitize co-founder and CEO Carlos Domingo said. RLUSD built for institutional use Launched by Ripple in early 2025, the RLUSD stablecoin is designed for enterprise focus and has been accepted by some global authorities for asset tokenization. In June, the Dubai Financial Services Authority approved RLUSD support in the Dubai Land Department’s real estate tokenization initiative. Total RWAs onchain are estimated at $30.3 billion. Source: RWA.xyz “Making RLUSD available as an exchange option for tokenized funds is a natural next step as we continue to bridge traditional finance and crypto,” said Jack McDonald, Ripple’s senior vice president of stablecoins, adding: “RLUSD is for institutional use, offering regulatory clarity, stability, and real utility. As adoption grows, partnerships with trusted platforms like Securitize are key to unlocking new liquidity and enterprise-grade use cases.” RWAs on Securitize accumulate $4 billion The integration of RLUSD for BlackRock and VanEck’s tokenized funds came as tokenized real-world assets (RWAs) on Securitize accumulated to about $4 billion, according to its website. BlackRock’s BUIDL was the first tokenized fund issued by the firm in March 2024, allowing qualified investors on Securitize to earn US dollar yield by subscribing to the fund. In one year after launch, BUIDL…
Filed under: News - @ September 24, 2025 7:25 am