BlackRock's BUIDL Fund Hits $1.7B, Adds $800 Million, and Launches on Seven Blockchains Including Solana

BlackRock has expanded its tokenized BUIDL fund, which has reached a new all-time high of $1.7 billion, to the Solana blockchain. This launch, facilitated by Securitize, allows the fund to operate across seven different blockchain networks. In just two weeks, the BUIDL fund added $800 million, indicating a shift of institutional capital towards on-chain investments. The total value of tokenized real-world assets has now surpassed $10 billion, reflecting a growing trend in the financial sector towards digital finance and tokenization.

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