BlackRock BUIDL, Superstate, and Centrifuge will receive a $1 billion tokenized asset investment allocation from Sky

according to CoinDesk, the tokenized treasury products from BlackRock-Securitize, Superstate, and Centrifuge will receive funding allocations from Sky (formerly MakerDAO) as part of a $1 billion investment plan. This plan aims to accelerate the RWA tokenization applications on the DeFi lending platform Spark.

According to the allocation scheme, BUIDL, issued by BlackRock and Securitize and backed by U.S. Treasuries and repurchase agreements, will receive a $500 million allocation; Superstate's USTB will receive $300 million; and Centrifuge's treasury fund JTRSY, in collaboration with asset management firms Anemoy and Janus Henderson, will receive $200 million.