BlackRock’s BUIDL Fund Booms, Surpassing $2.89 Billion as Institutional Investors Seek Regulated Tokenized Treasury Solutions

BlackRock’s BUIDL fund has achieved remarkable growth, reaching a total size of $2.89 billion in just three months. This makes it the largest tokenized money market fund within the blockchain ecosystem. It now holds 40% of the $7.34 billion tokenized U.S. Treasury market, significantly surpassing competitors on-chain. 💰