BlackRock's BUIDL Fund Surpasses $1 Billion in Tokenized Assets, Reflecting Institutional Confidence

BlackRock's USD Institutional Digital Liquidity Fund (BUIDL) achieved a significant milestone, exceeding $1 billion in tokenized assets as of March 2025, according to data from rwa.xyz. On March 13, the fund minted over $206 million in new tokens. This growth represents a 56% increase within the last 30 days, despite a downturn in the broader crypto market, highlighting growing institutional confidence in tokenized real-world assets (RWAs). Launched in March 2024, BUIDL invests primarily in U.S. Treasury debt and bank deposits, offering qualified U.S. purchasers an APY of approximately 4.5%. The fund currently has 61 holders, a 19.6% increase in the past month, with total monthly transfer volume surging to over $269 million. Ethereum remains the primary blockchain for the fund, hosting roughly 825 million tokens. The broader market for on-chain RWAs has also surged, reaching $18.34 billion, an 18% increase in 30 days.