$100 million BUIDL liquidity tool goes live, Securitize and Ethena Labs support round-the-clock redemption

Odaily reports: The BUIDL liquidity tool launched by Securitize and Ethena Labs has reached a scale of $100 million, supporting eligible investors in redeeming tokenized fund shares for supported stablecoins, including USDC, outside traditional market trading hours. At launch, the tool provides $50 million in initial liquidity, split evenly between BUIDL and USDC; as liquidity is used, another $50 million can be replenished within 1 hour.