Blackrock’s Buidl leads to a 92% increase in the US Treasury tokenized market

Blockchain -based US treasury vouchers are taking a momentum, approaching a new 6 billion dollars of $ 6 billion.

These digital financial instruments reflect traditional government obligations but live in chain, offering investors a portable exhibition at the additional advantages of blockchain technology.

According to the Rwa.xyz real asset platform, tastinized data on public blockchains were $ 4.01 billion in January.

Since then, the figure has climbed more than 43%, reaching around $ 5.95 billion.

This strong increase reflects increasing institutional trust in blockchain as a tool to modernize fixed income markets.

Ethereum is the dominant blockchain in this sector, welcoming $ 4.3 billion in treasury bills. Stellar and Solana follow $ 474 million and $ 273 million, respectively.

The BlackRock Buidl market dominates

The USD Institutional Digital Liquidity Fund of Blackrock, widely known as Buidl, has become the market leader in the market.

Rwa.xyz data show that the fund has accumulated $ 2.47 billion in assets under management, representing 42% of the total Treasury space in Tokenized. During the last month, Buidl’s value increased by 92%, stressing its rapid adoption.

Ethereum remains the main blockchain for Buidl, holding more than 91% of its offer, or around 2.3 billion dollars.

Meanwhile, the rest is spread over the more recent blockchains and the Ethereum Layer-2 networks, notably Arbitrum, Polygon, Optimism, Aptos and Avalanche. Aptos and Avalanche each welcome around $ 53 million in the value of the fund.

Launched in March 2024, the fund paid daily dividends generated from the active of the US Treasury in the short term.

Each Buidl token is supported one by one with the US dollar, offering a yield potential similar to treasury bills and operating as a stablecoin.

Tradfi kisses the blockchain

The success of BlackRock with Buidl reflects a larger movement among financial institutions adopting real assets in token (RWAS).

Industry analysts stressed that tokénized treasury bills offer a practical bridge between traditional finances and decentralized ecosystems.

Consequently, several large financial companies also fall into space. Franklin Templeton, for example, operates a tokenized fund competitor with a market capitalization of $ 706 million.

Meanwhile, Fidelity is also preparing to join the race. The active manager recently deposited with the Securities and Exchange Commission (SEC) of the United States to launch “Onchain”, a version propelled by the blockchain of its money market fund of the Treasury.

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