RWA BlackRock’s BUIDL fund, the largest tokenized U.S. Treasury fund, has crossed $2.5 billion in assets under management, marking a significant milestone in the institutional adoption of real-world asset tokenization.
The fund, which launched on Ethereum in March 2024, has expanded to multiple blockchains including Solana, Polygon, and Avalanche. Industry analysts note this growth reflects increasing institutional appetite for on-chain treasury products.