BlackRock’s BUIDL Fund Reaches $1 Billion in Tokenized Assets
BlackRock’s USD Institutional Digital Liquidity Fund, known on-chain as BUIDL, has recently achieved a significant milestone by reaching $1 billion in tokenized assets as of March 2025, according to data from rwa.xyz.
Record-Breaking Growth
- On March 13, the fund minted over $206 million in new tokens, showcasing ongoing liquidity inflow.
- Despite market downturns, BUIDL has seen a remarkable 56% increase in value within just 30 days.
- This surge reflects growing institutional confidence in tokenized real-world assets (RWAs).
Investment Strategy
Launched in March 2024 via Securitize’s digital issuance platform, BlackRock’s BUIDL fund primarily invests in U.S. Treasury debt and bank deposits denominated in USD. It targets U.S. qualified purchasers and offers token holders an APY of approximately 4.5%, managed at fees ranging between 0.20% and 0.50%.
Market Trends
- The fund currently boasts 61 holders, marking a 19.6% increase in the past month.
- Despite fluctuations in digital asset markets, steady investor demand persists.
- Monthly transfer volume has surged to over $269 million, indicating strong institutional engagement.
Blockchain Allocation
Ethereum serves as the primary blockchain for the fund, hosting around 825 million tokens across two main contracts. BlackRock also allocates assets on other networks like Avalanche, Aptos, Polygon, Optimism, and Arbitrum, showcasing a multi-chain approach for asset distribution.
Industry-Wide Growth
RWA tokenization has surged industry-wide, with global on-chain RWAs reaching $18.34 billion, marking an 18% increase in just 30 days. BlackRock’s rapid asset growth within the BUIDL fund aligns with the trend of institutions leveraging blockchain-based instruments for enhanced liquidity and yield.
Institutional Adoption
BlackRock’s achievement of $1 billion in on-chain assets signals a deeper institutional recognition of blockchain as a viable infrastructure for traditional asset classes. The BUIDL fund stands as a prominent example of institutional blockchain innovation.
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