Token issuer or protocolNo privacy yetBlackRock: Asset manager · tokenized fund. Confidentiality status: No privacy yet.
BUIDL is the most cited example of the transparency problem in tokenized funds. Every mint, transfer, redemption and holder balance is readable on a block explorer, and the allowlist that gates participation is access control rather than confidentiality. Coverage through 2026 has treated this openness as a structural liability once institutional desks trade at scale.
Key facts
- Entry type
- Token issuer or protocol
- Category
- Asset manager · tokenized fund
- Confidentiality status
- No privacy yet
Private by design.
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