BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) has surpassed $1 billion in tokenized assets as of March 2025.
This milestone follows a recent surge in liquidity, with over $206 million in new tokens minted on March 13.
Despite a downtrend in the broader crypto market, BUIDL has seen impressive growth, up 56% in the last month, driven by institutional interest in tokenized real-world assets (RWAs).
The fund, launched in March 2024, primarily invests in U.S. Treasury debt and USD bank deposits, offering an annual yield of 4.5%.
It operates with fees between 0.20% and 0.50%, targeting U.S. qualified purchasers. BUIDL’s holder base grew nearly 20% last month, and its monthly transfer volume exceeded $269 million.
Ethereum remains the dominant blockchain for the fund, although it also utilizes Avalanche, Aptos, Polygon, Optimism, and Arbitrum.
As tokenization of RWAs continues to grow globally, BlackRock’s success with BUIDL highlights the rising institutional adoption of blockchain for traditional assets, signaling a shift towards more efficient liquidity and yield management through digital assets.
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