been confused by these tradfi firms launching random tokens. Blackrock's $BUIDL? Franklin Templeton's $BENJI? what's going on? 

Feels like they came out of nowhere and are also getting very little attention from my circles lol.

headmaster @duneanalytics, previously mirror and consensys

data | building | parenting | community | nonsense (in no particular order). "Likely not a bot"

There is a minimum buyin of five million dollars so I don't think we're going to see them on sushiswap anytime soon.  Agree the name is a bit cringe though.

I think $BUIDL is a money market fund Blackrock is offering (BlackRock ICS US Dollar Liquidity Fund) 

https://shorturl.at/cyVY0

$BENJI is Templeton's proprietary record keeping system (unless i missed their token lol) 

https://shorturl.at/gnvGT

institutions are hereeee

No one is talking about bags that aren’t their own, it’s peak KOL szn ser

Lol..if  those stock market tickers are tokens then their tolenomics are shittier than even a worst meme token which one is sure gonna get rugged.