BlackRock’s Digital Liquidity Fund Surges Amidst Tokenized Market Boom

BlackRock’s U.S. Dollar Institutional Digital Liquidity Fund (BUIDL) witnessed substantial growth, expanding by approximately $1 billion between March 26 and June 11, 2025. This growth represents half of the total $2 billion increase observed in the tokenized U.S. Treasury market during this period. Data from rwa.xyz reveals that BUIDL’s current size stands at $2.89 billion, positioning it as the largest tokenized money market fund, accounting for 40% of the $7.34 billion market, according to their report.