tl;dr
BlackRock's BUIDL fund has surpassed $1 billion in tokenized assets, marking a 56% increase in a month, demonstrating growing institutional confidence in tokenized real-world assets. Launched in 2024, the fund primarily invests in U.S. Treasury debt and bank deposits denominated in USD, offering an ...
BlackRock's BUIDL fund has surpassed $1 billion in tokenized assets, marking a 56% increase in a month, demonstrating growing institutional confidence in tokenized real-world assets. Launched in 2024, the fund primarily invests in U.S. Treasury debt and bank deposits denominated in USD, offering an APY of approximately 4.5%. It has 61 holders and has seen a surge in monthly transfer volume, with Ethereum being the primary blockchain hosting the majority of tokens. The wider industry has seen a surge in on-chain RWAs, reaching $18.34 billion, indicating a broader trend of institutional adoption of blockchain-based instruments for traditional asset classes.
BlackRock’s USD Institutional Digital Liquidity Fund, known on-chain as BUIDL, reached $1 billion in tokenized assets as of March 2025, per data from rwa.xyz. On March 13, the fund minted over $206 million in new tokens as liquidity continues to flow into the fund. The milestone marks a 56% increase within 30 days, reflecting growing institutional confidence in tokenized real-world assets (RWAs).
Launched in March 2024 through Securitize’s digital issuance platform, BlackRock’s BUIDL fund primarily invests in U.S. Treasury debt and bank deposits denominated in USD. Targeted specifically toward U.S. qualified purchasers, BUIDL provides token holders an APY of approximately 4.5%, managed at fees ranging between 0.20% and 0.50%. The fund currently has 61 holders, a 19.6% increase in the past month, highlighting steady investor demand despite recent fluctuations in broader digital asset markets.
Ethereum remains the primary blockchain on the fund, hosting roughly 825 million tokens across two main contracts. Smaller allocations also exist on Avalanche, Aptos, Polygon, Optimism, and Arbitrum networks within BlackRock’s multi-chain approach for asset distribution. According to rwa.xyz, Tokenization of RWAs has surged industry-wide, with global on-chain RWAs reaching $18.34 billion, an increase of over 18% in 30 days. BlackRock’s rapid asset growth within the BUIDL fund parallels broader market trends of institutions integrating blockchain-based instruments to optimize liquidity and yield, utilizing blockchain efficiencies to streamline traditional treasury management.
BlackRock’s achievement of $1 billion in on-chain assets firmly positions its BUIDL fund among the most influential institutional blockchain initiatives.