Topic

BlackRock BUIDL

3 essays

Monday — May 25, 2026

Tokenization

BlackRock BUIDL TVL slides 5.29% to $3.05B in seven days

A 5.29% weekly drawdown in the dominant institutional RWA fund is a directional signal, and it has concrete consequences for anyone using tokenized assets as collateral or liquidity.

Tuesday — May 19, 2026

Capital Markets

Warsh Fed Chairmanship Reintroduces Terminal Rate Risk Across Asset Classes

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A hawkish Fed Chair does not just reprice bonds. It stress-tests the yield narrative behind tokenized Treasuries and tightens the liquidity that has been funding AI infrastructure.

Sunday — May 10, 2026

Capital Markets

Galaxy Digital Executes Material Agreement Signaling Major Strategic Expansion

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Galaxy Digital's May 2026 agreement with State Street is the clearest signal yet that on-chain cash management is moving from experiment to infrastructure.