BlackRock’s BUIDL Expands to Solana as Demand for Tokenized Real-World Assets Grows
The post BlackRock’s BUIDL Expands to Solana as Demand for Tokenized Real-World Assets Grows appeared on BitcoinEthereumNews.com.
BlackRock’s recent expansion of its USD Institutional Digital Liquidity Fund (BUIDL) to the Solana network signifies a pivotal development in the tokenized asset management space. This strategic move comes as BUIDL’s assets under management (AUM) soar past $1.7 billion, showcasing robust investor demand amid a rapidly evolving digital finance landscape. Carlos Domingo, CEO of Securitize, stated, “Adding Solana to the list of access points is a natural next step,” emphasizing the growing demand for tokenized real-world assets. BlackRock expands BUIDL to Solana, surpassing $1.7 billion AUM, highlighting the growth of tokenized assets in a rapidly evolving financial landscape. BlackRock’s Significant Expansion into Solana’s Ecosystem In a transformative move for digital asset management, BlackRock has announced the integration of its USD Institutional Digital Liquidity Fund (BUIDL) onto the Solana blockchain. This decision marks BlackRock’s seventh blockchain network inclusion, driven by the fund’s impressive growth trajectory, which has seen it attract over $700 million in inflows within just 11 days, according to DeFiLlama data. Previously, BUIDL crossed the $1 billion threshold on March 13, which underscores the sustained investor interest in digital liquidity solutions. The fund is also accessible on well-known networks such as Ethereum, Aptos, Arbitrum, Avalanche, Optimism, and Polygon, demonstrating its broad market presence. The Advantages of Tokenized Real-World Assets The shift towards tokenized products like BUIDL represents a significant evolution from traditional finance, where investors often utilize money markets for returns on idle cash through instruments like U.S. Treasurys. Traditional finance’s challenges, including limited trading hours and slow settlement processes, are effectively mitigated by the adoption of tokenized (real-world assets) RWAs on decentralized networks. BUIDL provides investors with a continuous, 24/7 access to liquidity that traditional funds cannot match. This seamless integration into digital finance unlocks new opportunities for investors seeking efficiency and yield. Market Dynamics: Competition and Growth…
Filed under: News - @ March 25, 2025 7:27 pm