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BlackRock's BUIDL fund on Avalanche tops $900M, doubling in a week amid rising institutional interest in tokenized Treasuries.

Protocol Fundamentals
12 Jul 2026
Blockonomi
View Source
Bullish
pluang ai news

BlackRock's tokenized U.S. Treasury fund BUIDL on the Avalanche blockchain has surpassed $900 million in assets, doubling its value in just one week. This growth contributes to the fund's total assets under management reaching about $2.87 billion, highlighting increasing institutional adoption of tokenized real-world assets on multiple blockchains. Avalanche has solidified its position as a key platform for tokenized financial products due to lower costs and faster settlements. The trend signals a shift toward blockchain as core financial infrastructure, with tokenized Treasuries offering regulated, yield-generating investments combined with blockchain benefits like near-instant transfers.

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