Injective Labs’ Post

Today, Injective introduced the tokenized index for BlackRock’s BUIDL Fund, allowing users and traders, for the first time, exposure to the fund with innovative on-chain financial instruments. This is the first perpetual index market of its kind that tracks the supply of the BUIDL fund itself. The BUIDL fund is BlackRock’s first tokenized fund, giving holders U.S. dollar yields. According to recent data from real world asset analytics platform RWA.xyz, the BUIDL fund has accrued over $500 Million in assets under management which makes BUIDL the largest tokenized fund to date. In traditional finance (TradFi), NAV (Net Asset Value) derivatives have played a key role by enabling institutions to manage exposure to certain fund risks. By bringing this concept on-chain and making it available to everyday users, Injective is unlocking the power to hedge against long-tail risks and liquidity challenges with greater efficiency and transparency that has long only been available to large institutions. The BUIDL Index allows anyone to gain 24/7 exposure to tokenized assets such as U.S. treasuries with leverage. Rising demand in the space for tracking inflows and outflows from the BUIDL Fund, which has, over the past few months, become a barometer for institutional interest in crypto as a whole. The release of the BUIDL Index is a major milestone in Injective Labs’s ever-growing presence in the asset tokenization space. Developers and community members alike are continuing to make strides in further converging the world of traditional and on-chain finance, making Injective the primary L1 for novel asset offerings that would not be possible on any other chain. Read more: https://lnkd.in/eyuH4biy Disclaimer: Injective’s BUIDL Index and Blackrock’s BUIDL Fund are separate, unaffiliated products and their respective performance may differ substantially. Injective's BUIDL Index is designed to track the supply of BUIDL tokens issued by the BUIDL Fund, not the market price of the BUIDL Fund itself. As always, you should do your own research on how a particular product or application functions. This communication is intended for informational purposes only and is not, and should not be relied on, as financial or investment advice; an offer to buy or sell any product; or an endorsement of any product.

Tokenized treasuries brought $1.2B on-chain in the last 4 months. The BlackRock BUIDL Fund alone accumulated over $527M since its launch, showcasing the potential of tokenized assets in traditional finance. Injective is leading this revolution, powering major asset tokenization platforms. Here’s what happened in just the last few days: 🏦 On Monday, Ondo Finance launched USDY on Injective. USDY is a tokenized note secured by short-term U.S. Treasuries and bank demand deposits, designed to provide the utility of a stablecoin with the added benefit of U.S. dollar-denominated yield. 🏔 By Wednesday, Injective onboarded USDM, issued by Mountain Protocol, is the first permissionless yield-bearing stablecoin, backed by U.S. Treasury Bills. It provides holders with secure, regulated access to a stablecoin that also incorporated BUIDL into USDM reserves in June. 💹 Injective’s advanced capabilities as the only L1 built for finance, including the world's first RWA module, make this possible. The RWA module uniquely enables institutions and users alike to launch new tokenized offerings with custom rule sets and parameters. Injective today also powers some of the most liquid on-chain products for commodities, FX and more with the help of its RWA module. This is just the beginning as Injective further converges traditional finance with the on-chain world.

The Injective Builder House kicked off with a keynote by Injective Labs co-founder and CEO Eric Chen. The session covered the history of Injective, the core components powering the only specialized L1 for finance, modules which developers can use to rapidly create innovative dApps and Injective’s extraordinary growth story over the past year. A few major points include: 1️⃣ Injective has pioneered a shared liquidity network that allows any developer to tap into institutional grade liquidity from day one 2⃣ Injective's core modules (ex: on-chain orderbook, oracle, smart contracts, etc.) allow anyone to launch dApps 20X more quickly than on any other chain 3⃣ Thanks to the ever growing Injective ecosystem and vibrant community, the blockchain has grown to be one of the largest in all of crypto. A few interesting stats include: -Average Daily Transactions up 411% -Total On-Chain Wallets up ~36X -Injective TypeScript Downloads up 285% 4⃣ Injective powers the most liquid markets for real world asset products such as on-chain Euros, Gold and more. Both everyday users and institutions can access RWAs on chain more seamlessly than ever before, unfettered by fees, delays or general access bottlenecks. 5⃣ Injective's ecosystem today spans all of Web3 finance which includes DeFi, RWAs, NFT Fi, GameFi, trading, lending and more. Developers are able to create innovative new protocols faster than ever using Injective’s plug and play modules alongside its shared liquidity. These applications could not possibly have been created outside of Injective. Injective is enabling unprecedented value unlock for users, institutions and more on a daily basis now thanks to its groundbreaking technological breakthroughs that are redefining the world of finance.