BlackRock's BUIDL Tokenized Fund Surpasses $900M AUM on Avalanche C-Chain
The BUIDL tokenized fund from BlackRock has exceeded $900 million in assets under management on Avalanche C-Chain, marking a 105% increase over the past week. Total AUM since its launch in March 2024 stands at approximately $2.87 billion.
BlackRock's tokenized fund BUIDL has seen its assets under management (AUM) on the Avalanche C-Chain network grow to over $900 million. The figure represents a surge of roughly $436 million, or 105%, over the past week alone.
Launched in March 2024, BUIDL now holds a cumulative AUM of around $2.87 billion across all chains. The recent growth highlights increasing demand for tokenized real-world assets on Avalanche's network.
The fund is part of BlackRock's broader push into blockchain-based investment products, offering institutional investors on-chain access to traditional assets.
Source: ForkLog