BUIDL is a project managed in collaboration with Securitize, aiming to maintain a stable token value of $1. It offers flexible custody options and pays dividends directly to investors’ wallets, enhancing accessibility and convenience for investors. Carlos Domingo, co-founder and CEO of Securitize, expressed enthusiasm for the support from distinguished investors, emphasizing the ongoing push for the digitization of capital markets through tokenization. Ben Forman, founder and Managing Partner of ParaFi, praised Securitize’s infrastructure capabilities, emphasizing its cutting-edge infrastructure that facilitates the movement of traditional assets onto blockchain rails.
The capital infusion for BUIDL includes contributions from prominent investors such as Hamilton Lane, ParaFi Capital, and Tradeweb Markets.