# BUIDL

BlackRock BUIDL Passing $500 Million Shows Tokenized Treasuries Still Have Momentum

BlackRock’s BUIDL fund has officially surpassed $500 million in assets under management, marking a significant milestone for the tokenized treasury sector. This achievement demonstrates that institutional capital is increasingly comfortable utilizing blockchain rails for traditional, yield-bearing assets. By leveraging Securitize as a platform manager, BlackRock provides a familiar institutional framework that bridges the gap between legacy finance and digital infrastructure. The expansion of BUIDL into networks like Arbitrum highlights a growing industry focus on distribution, usability, and cost-efficiency beyond the Ethereum mainnet. This development is critical for the RWA market because it moves tokenization from speculative pilots to scalable, real-world financial products. Rather than requiring investors to adopt new asset classes, BUIDL proves that blockchain technology can effectively modernize the settlement and accessibility of established instruments. Ultimately, this milestone serves as a verifiable data point confirming that institutional interest in on-chain treasuries is gathering measurable, long-term momentum.

#Arbitrum #BUIDL

Securitize Partners with Uniswap to Enable On-Chain Trading — Here’s Why It Matters

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Securitize Partners with Uniswap to Enable On-Chain Trading — Here’s Why It Matters

Securitize has entered a strategic partnership with Uniswap to facilitate the on-chain trading of BlackRock’s USD Institutional Digital Liquidity Fund. This integration aims to bridge the gap between traditional finance and decentralized finance by providing institutional-grade assets to a broader user base. By enabling the trading of tokenized funds on a decentralized exchange, the collaboration seeks to enhance liquidity options and attract institutional participants to the DeFi ecosystem. While current trading volumes remain unreported, the announcement has generated notable engagement, signaling strong market interest in the intersection of regulated assets and blockchain protocols. This move represents a significant step in the evolution of DeFi, as it incorporates traditional financial instruments into decentralized trading environments. The partnership underscores a broader industry trend where established financial giants leverage blockchain technology to modernize asset distribution and accessibility. Ultimately, this development could strengthen Uniswap's market position by diversifying its offerings with high-quality, institutional-grade digital products.

#RWA #BUIDL #Securitize

coinfomania.com·6d ago

BlackRock's Tokenized Treasury Fund BUIDL Yields $7 Million in Dividends

9.5

#RWA #BUIDL #TokenizedTreasuries

BlackRock's Tokenized Treasury Fund BUIDL Yields $7 Million in Dividends

BlackRock's BUIDL fund has distributed $7 million in dividends to investors since its March 2024 launch, demonstrating the rapid growth of tokenized U.S. Treasury products. The fund, which invests in cash, repurchase agreements, and Treasury bills, saw monthly dividend payouts climb from $265,400 in its first month to $2.12 million by July. In April 2024, BUIDL surpassed Franklin Templeton’s BENJI fund to become the largest tokenized government debt fund globally. By July 2024, the fund reached $500 million in total capital, signaling strong institutional appetite for on-chain yield-bearing assets. This milestone underscores a broader industry shift toward real-world asset tokenization as a viable financial infrastructure. The momentum is further supported by Goldman Sachs, which plans to launch three additional tokenized debt products in the U.S. and European markets later this year. These developments highlight the increasing integration of traditional financial instruments into blockchain ecosystems, providing investors with efficient, transparent access to government-backed yields.

coinmarketcap.com·6d ago

25% of tokenized fund assets on Ethereum now deployed in DeFi

9.0

#Ethereum #BUIDL #BlackRock

25% of tokenized fund assets on Ethereum now deployed in DeFi

The utilization of tokenized fund assets within DeFi protocols on Ethereum has surged from 8% to 25% over the past three years, signaling a shift toward productive on-chain capital. Major financial institutions, including BlackRock, JPMorgan, and UBS, are increasingly tokenizing money market funds and Treasury products to leverage 24/7 settlement capabilities. BlackRock’s BUIDL fund, launched in 2024, serves as a primary example, having been integrated as collateral by protocols like Ethena and Spark before enabling direct trading on Uniswap. Other firms like VanEck have launched funds specifically designed for DeFi collateral utility, moving beyond standalone investment products. This integration improves the quality of collateral within DeFi, replacing speculative assets with high-quality, yield-bearing instruments. However, this transition introduces new systemic risks, including unresolved regulatory frameworks for permissionless interaction and potential infrastructure-level vulnerabilities on Ethereum. As Standard Chartered projects a multi-trillion dollar market, the ability to bridge traditional finance settlement cycles with on-chain liquidity remains a critical development for institutional adoption.

cryptobriefing.com·6d ago

BlackRock’s BUIDL Move To Arbitrum Shows Tokenized Treasuries Are Leaving Ethereum Mainnet Only Mode

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BlackRock’s BUIDL Move To Arbitrum Shows Tokenized Treasuries Are Leaving Ethereum Mainnet Only Mode

BlackRock has expanded its BUIDL tokenized treasury fund beyond the Ethereum mainnet by integrating with the Arbitrum network. This strategic move signals a shift for institutional-grade financial products, which are increasingly prioritizing scalability and cost-efficiency alongside security. By leveraging Layer-2 solutions, BlackRock aims to overcome the high transaction costs associated with the Ethereum mainnet, making tokenized assets more accessible for broader distribution. This expansion highlights that major asset managers are moving past experimental phases to treat tokenization as essential, scalable infrastructure. The integration serves as a significant endorsement for the Arbitrum ecosystem and the broader Ethereum Layer-2 landscape. For the RWA market, this development confirms that tokenized treasuries are evolving into a mature product category rather than remaining a niche crypto-native concept. Ultimately, the transition to multi-chain deployment demonstrates that institutional players are actively optimizing their technical stacks to support the long-term growth of real-world assets.

#Arbitrum #RWA #BUIDL

bitcoinist.com·6d ago

9.5

#BUIDL #CantonNetwork #Broadridge

Below the Surface: How Canton Network Is Reshaping Capital Market Infrastructure

The RWA market is evolving beyond simple asset digitization toward a wholesale reconstruction of global financial infrastructure, including clearing, settlement, and liquidity networks. While BlackRock’s BUIDL fund has reached a $2.5 billion market cap, the true structural shift is occurring through platforms like the Canton Network, which enables atomic settlement and 24/7 operations. Broadridge currently processes approximately $7.7 trillion in onchain repo transactions monthly, demonstrating that institutional-grade blockchain adoption is already live. The Hong Kong government’s HKD 6 billion digital green bond issuance further highlights the integration of issuance and distribution on a single ledger. By utilizing the Daml smart contract language, the Canton Network provides a compliant, permissioned environment that satisfies Basel Committee requirements for global banks. Major Korean institutions, including Shinhan and KB Securities, are now joining this ecosystem to capitalize on new security token legislation. This transition mirrors the internet's 1996 inflection point, where early infrastructure adopters are positioning themselves to define the future of global capital markets.

reports.tiger-research.com·Jul 7

BlackRock-Backed Securitize To Go Public On NYSE After Most SPAC Investors Stay In

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#BUIDL #Tokenization #Securitize

BlackRock-Backed Securitize To Go Public On NYSE After Most SPAC Investors Stay In

Securitize, the tokenization platform powering BlackRock's BUIDL fund, is set to debut on the New York Stock Exchange under the ticker SECZ on July 2 following a merger with Cantor Equity Partners II. The transaction is expected to generate approximately $400 million in gross proceeds, bolstered by a low redemption rate where 71.5% of SPAC shareholders opted to remain in the deal. This successful transition to public markets marks a significant milestone for the RWA sector, signaling a shift from theoretical institutional interest to mainstream financial adoption. Securitize currently manages over $4 billion in assets and serves as the transfer agent for major institutional partners including Apollo, KKR, and Hamilton Lane. The firm's public listing follows a $47 million strategic investment led by BlackRock in 2024, further cementing the platform's role in the infrastructure of tokenized finance. By securing a listing on a major exchange like the NYSE, Securitize provides a transparent, regulated vehicle for investors to gain exposure to the growing tokenization market. This development underscores the increasing integration of blockchain-based asset management within traditional capital markets.

stocktwits.com·Jul 6

Can Tokenized Stocks Become a $3 Trillion Market? Securitize CEO Reveals Big Expansion Plan

8.5

#RWA #BUIDL #Tokenization

Can Tokenized Stocks Become a $3 Trillion Market? Securitize CEO Reveals Big Expansion Plan

Securitize has secured over $400 million following its public listing on the New York Stock Exchange to aggressively scale its institutional tokenization infrastructure. The firm currently manages approximately $4.4 billion in tokenized assets, including BlackRock’s $2.2 billion BUIDL fund and products for major institutions like Apollo, KKR, and VanEck. CEO Carlos Domingo intends to utilize this capital to acquire complementary businesses, aiming to build a comprehensive platform for the issuance, management, and trading of tokenized securities. While tokenized Treasuries have dominated early adoption, the company is pivoting toward the $140 trillion global equity market, projecting that a 2% migration could create a $3 trillion opportunity. This expansion aligns with broader industry forecasts from Citigroup and BCG, which estimate the total RWA market could reach between $5.5 trillion and $18.9 trillion by the next decade. The move underscores a growing institutional trend, as evidenced by partnerships with ICE and collaborations with Computershare to facilitate direct blockchain share issuance. As the total RWA market surpasses $64 billion, Securitize’s strategic growth positions it as a central player in the transition of traditional financial assets to distributed ledger technology.

cryptonews.net·Jul 6

The Tokenized Asset Market Is $60 Billion. Most Of It Isn't Moving.

9.0

#RWA #BUIDL #Tokenization

The Tokenized Asset Market Is $60 Billion. Most Of It Isn't Moving.

The tokenized real-world asset market has reached a valuation of $60 billion across 7,000 products, yet a significant portion of this value remains dormant. A report reveals that $32.9 billion across 910 assets shows zero weekly transfer activity, highlighting a stark contrast between total issuance and actual market liquidity. Experts characterize this environment as a waiting room, noting that 97% of potential participants lack access to these products. Much of this inactivity is structural, as approximately $27 billion consists of permissioned tokens designed for closed ledgers rather than public trading. Market concentration is extreme, with just 62 assets accounting for 88% of the total value, led by major players like BlackRock, Circle, and Figure. The industry faces systemic hurdles including a lack of mainstream distribution channels, regulatory uncertainty, and the necessity for issuers to build proprietary ecosystems to support their tokens. While US Treasuries are considered the only mature, production-grade segment, the broader market must overcome these infrastructure bottlenecks to reach projected growth targets of up to $30 trillion by 2034.

forbes.com·Jul 6

Securitize eyes acquisitions with $400 million war chest after going public, CEO says

9.0

#RWA #BUIDL #Tokenization

Securitize eyes acquisitions with $400 million war chest after going public, CEO says

Securitize has officially listed on the New York Stock Exchange following a SPAC merger with Cantor Equity Partners II, securing over $400 million in fresh capital. CEO Carlos Domingo confirmed that the firm intends to utilize this substantial war chest to pursue strategic acquisitions that complement its existing institutional tokenization infrastructure. As a leader in the sector, Securitize has already facilitated the issuance of approximately $4.4 billion in assets, including BlackRock’s $2.2 billion BUIDL fund. The company aims to evolve into a comprehensive one-stop shop for financial institutions, moving beyond its current issuance and transfer agency services. By focusing on adjacent businesses rather than direct competitors, Securitize seeks to capture the massive potential of the global equity market. This expansion strategy aligns with broader industry projections, such as Citi’s forecast of a $5.5 trillion tokenized securities market by 2030. Ultimately, the firm is prioritizing the transition of public equities and ETFs onto blockchain rails to drive the next phase of RWA adoption.

CoinDesk·Jul 6

BlackRock expands into private markets with $400 billion fundraising goal, tokenization at the center

9.5

Credit (Private Credit)

BlackRock expands into private markets with $400 billion fundraising goal, tokenization at the center

BlackRock is shifting its strategic focus from traditional ETFs toward tokenized private markets, setting a target of $400 billion in gross fundraising by 2030. To support this transition, the firm completed strategic acquisitions of Global Infrastructure Partners, HPS Investment Partners, and data provider Preqin. These entities provide the necessary infrastructure for private credit, equity, and physical asset tokenization. The firm's BUIDL tokenized treasury fund, which launched on Ethereum in 2024, reached $2 to $2.5 billion in assets under management by mid-2026. CEO Larry Fink views tokenization as the primary vehicle for expanding access to real estate, credit, and infrastructure assets. BlackRock expects these technology-driven private market strategies to eventually account for over 20% of its long-term revenue. Success remains contingent on regulatory approval for retirement and insurance portfolios to hold these tokenized assets at scale. This pivot signals a major institutional endorsement of blockchain technology as the future backbone for global asset management.

cryptobriefing.com·Jul 4

BlackRock Files for 2 New Tokenized Treasury Funds With SEC

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BlackRock Files for 2 New Tokenized Treasury Funds With SEC

BlackRock has filed two new proposals with the SEC to expand its tokenized fund offerings, signaling a significant push into on-chain financial infrastructure. The first proposal introduces the BlackRock Daily Reinvestment Stablecoin Reserve Vehicle, a fund holding cash, short-term U.S. Treasuries, and overnight repurchase agreements with a $3 million minimum investment. The second filing seeks to add an on-chain share class to the existing $7 billion BlackRock Select Treasury Based Liquidity Fund, utilizing the Ethereum blockchain and BNY Mellon for record-keeping. These initiatives build upon the success of the BUIDL fund, which has reached $2.5 billion in assets since its 2024 launch. By leveraging permissioned systems and off-chain identity verification, BlackRock aims to modernize settlement processes and enable 24/7 trading capabilities. This expansion underscores the institutional commitment to tokenization as a core component of future financial markets. As major players continue to integrate blockchain technology, the move reinforces the projected growth of the RWA sector toward a multi-trillion dollar valuation.

coinmarketcap.com·Jul 4

BlackRock BUIDL Fund Now Accepted as OKX Trading Collateral

8.5

BlackRock BUIDL Fund Now Accepted as OKX Trading Collateral

OKX has integrated BlackRock's BUIDL tokenized U.S. Treasury fund into its collateral framework, enabling institutional and VIP clients to utilize the yield-bearing asset as trading margin. This development allows eligible users to post BUIDL as collateral while it remains under the custody of Standard Chartered, marking the first off-exchange tokenized collateral framework backed by a globally systemically important bank. Within the OKX margin system, BUIDL is treated as fungible with USD and USDC, ensuring that clients maintain ownership and continue to accrue yield while actively trading. This initiative, currently live for clients of OKX Middle East, represents a significant evolution in the utility of tokenized real-world assets. By moving beyond passive holding, the integration demonstrates how tokenized products can function as active market infrastructure within live trading environments. The collaboration builds upon an existing collateral mirroring program between OKX and Standard Chartered, signaling a broader industry shift toward deeper institutional adoption of RWA-backed financial instruments. Future expansion of this framework is planned based on regional demand and jurisdictional requirements.

#RWA #BUIDL #BlackRock

coinmarketcap.com·Jul 3

Securitize is latest crypto company to go public as BlackRock-backed firm sees stock jump 3% on debut

9.5

#BUIDL #Tokenization #Securitize

Securitize is latest crypto company to go public as BlackRock-backed firm sees stock jump 3% on debut

Securitize, a BlackRock-backed firm specializing in asset tokenization, officially debuted on the New York Stock Exchange following a merger with Cantor Equity Partners II. The transaction, structured as a SPAC merger, raised $400 million and established a market valuation of $1.25 billion for the Miami-based company. Despite initial pre-market volatility, shares rose nearly 3% upon opening, signaling investor interest in the firm's role as a bridge between traditional finance and blockchain infrastructure. Securitize plans to further its mission by issuing a tokenized version of its own public stock. This listing represents a significant milestone for the RWA sector, as the company has previously facilitated major projects like BlackRock’s BUIDL money market fund and VanEck’s tokenized Treasury offerings. The move follows a series of recent crypto-sector IPOs, including Circle, Gemini, and BitGo, highlighting a broader trend of institutional-grade crypto firms entering public markets. By integrating traditional financial services on-chain, Securitize aims to capitalize on the growing institutional appetite for tokenized assets despite broader market headwinds.

fortune.com·Jul 2

Yield-Bearing Stablecoin Supply Drops 15% in Q2 as Treasury-Backed BUIDL and USDY Gain Ground

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Yield-Bearing Stablecoin Supply Drops 15% in Q2 as Treasury-Backed BUIDL and USDY Gain Ground

The yield-bearing stablecoin market experienced a significant 15% supply contraction in Q2 2026, marking a sharp reversal after three years of consistent growth. Prominent crypto-native yield products, specifically sUSDe and sUSDS, were the primary drivers of this decline as investor risk appetite cooled. Conversely, Treasury-backed stablecoins including BUIDL, USYC, and USDY demonstrated continued growth throughout the same period. This divergence highlights a structural shift in investor sentiment, where capital is rotating away from crypto-native yield mechanisms toward assets perceived as safer. By anchoring collateral in U.S. government debt, Treasury-backed tokens are increasingly functioning as crypto-native money market funds. This trend suggests that institutional and risk-averse allocators are prioritizing capital preservation over the outsized returns offered by yield-bearing alternatives. The contraction of sUSDe and sUSDS underscores the vulnerability of crypto-native yield models when market confidence wavers. Ultimately, this shift signals a maturing RWA market where traditional financial credibility is becoming a critical differentiator for stablecoin adoption.

#Stablecoins #RWA #BUIDL

thecurrencyanalytics.com·Jul 2

Key facts: BlackRock launches spot BTC ETFs; $100M BUIDL; 3% Syensqo

9.5

Active Strategies

Key facts: BlackRock launches spot BTC ETFs; $100M BUIDL; 3% Syensqo

BlackRock has significantly expanded its digital asset footprint by launching a spot Bitcoin ETF and introducing the BlackRock USD Institutional Digital Liquidity Fund, known as BUIDL, on the Ethereum blockchain. The BUIDL fund, which launched with an initial $100 million investment, represents a major milestone in the tokenization of real-world assets by providing institutional investors with yield-bearing opportunities through blockchain technology. By leveraging the ERC-20 token standard, the fund allows for 24/7 subscription and redemption, marking a departure from traditional financial settlement cycles. This initiative is supported by key partners including Securitize, which serves as the transfer agent and tokenization platform, and BNY Mellon, which acts as the custodian. The integration of traditional financial instruments with public blockchain infrastructure signals a growing institutional appetite for programmable, transparent, and efficient asset management. This development is critical for the RWA market as it validates the use of public ledgers for high-value institutional products. Ultimately, BlackRock's entry into this space provides a blueprint for how traditional asset managers can bridge the gap between legacy finance and decentralized ecosystems.

tradingview.com·Jun 30

Ethena Brings USDe Into BlackRock Aladdin And Expands BUIDL Products

8.5

#BUIDL #Securitize #BlackRock

Ethena Brings USDe Into BlackRock Aladdin And Expands BUIDL Products

Ethena has integrated its synthetic dollar, USDe, into BlackRock’s Aladdin platform, enabling institutional investors to manage the asset within established risk and portfolio workflows. This integration bridges the gap between crypto-native assets and traditional financial infrastructure, allowing asset managers and pension funds to monitor USDe alongside conventional holdings. Simultaneously, Ethena is utilizing BlackRock’s BUIDL tokenized Treasury fund as a core component for its whitelabel stablecoin products, which provide partners with flexible reserve backing. To facilitate seamless movement between these assets, a $100 million liquidity facility managed by Securitize has been established to support swaps between BUIDL and stablecoins outside of standard banking hours. With USDe reaching a market capitalization of approximately $4.46 billion and BUIDL holding roughly $2.23 billion in assets, this collaboration represents a significant step in institutionalizing tokenized liquidity. By connecting Aladdin’s risk management with Ethena’s synthetic dollar and BUIDL’s Treasury-backed reserves, the move addresses critical operational hurdles in settlement and reporting. This development underscores a broader industry shift where stablecoins and tokenized funds are increasingly treated as essential settlement infrastructure rather than isolated crypto assets.

cryptoadventure.com·Jun 29

Is Tokenization The Next Evolution Of Global Financial Market Infrastructure? Ft. Rob Goldstein, COO Of BlackRock

9.5

Is Tokenization The Next Evolution Of Global Financial Market Infrastructure? Ft. Rob Goldstein, COO Of BlackRock

BlackRock COO Rob Goldstein highlights tokenization as a pivotal evolution in global financial market infrastructure, emphasizing its potential to enhance operational efficiency and liquidity. By leveraging blockchain technology, BlackRock aims to streamline settlement processes and reduce the friction inherent in traditional asset management. The firm's recent launch of the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) on the Ethereum network serves as a practical application of these principles. This initiative allows institutional investors to earn yield while maintaining on-chain liquidity, marking a significant shift toward digital asset integration. Goldstein notes that the transition to tokenized assets is not merely a technological upgrade but a fundamental change in how value is transferred and recorded globally. As major financial institutions adopt these frameworks, the broader RWA market gains increased legitimacy and institutional-grade infrastructure. This development signals a long-term commitment from the world's largest asset manager to bridge the gap between legacy finance and decentralized ledger technology.