BlackRock's tokenized fund BUIDL uses the Chronicle verification solution to enhance asset transparency.

CoinFeed reported on March 27th that, according to The Block, BlackRock's tokenized fund BUIDL has introduced oracle provider Chronicle as a new verification solution. According to a Tuesday announcement, Chronicle's "Proof of Assets" system will provide "independently verified holding-level data," viewable on the Chronicle dashboard, which "continuously proves the availability, timeliness, and completeness of the fund's asset composition." Chronicle Proof of Assets is an institutional-grade oracle layer that obtains data directly from custodians and managers. BUIDL is currently the largest tokenized fund, managing approximately $1.7 billion in U.S. Treasury bonds, overnight repurchase agreements, and cash assets.