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

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

Spark has announced BlackRock, Superstate, and Centrifuge as winners of its Tokenization Grand Prix. The competition aims to allocate $1 billion in tokenized assets, with BlackRock’s BUIDL fund receiving half. The final allocation is subject to Sky governance approval. The initiative aims to diversify Spark’s balance sheet and expand stablecoin adoption in DeFi.


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