BlackRock BUIDL vs Centrifuge Protocol

BUIDL is BlackRock’s tokenised U.S. Treasury fund issued on Ethereum in partnership with Securitize. Each share represents ownership in a money‑market fund holding short‑dated Treasuries and reverse repos, with NAV updated daily on chain. Qualified holders can redeem tokens for cash within T+1 settlement, and yield is streamed to wallets every business day.

Centrifuge Protocol tokenizes real-world assets like invoices and credit pools for DeFi. Its infrastructure bridges traditional finance and DeFi, enabling collateralization of real-world assets for on-chain lending.