BlackRock’s BUIDL fund, a tokenized money market fund launched in March 2024, has reached over $900 million in assets under management (AUM) on the Avalanche blockchain. This surge comes after the fund added $436 million on Avalanche in just seven days, reflecting a weekly increase of approximately 105%.
BUIDL’s rapid growth on Avalanche
Wu Blockchain cited data from RWA.xyz confirming BUIDL’s AUM on Avalanche reached the $900 million milestone. The strong weekly inflow more than doubled the value of the fund’s Avalanche-based holdings in one week, drawing renewed focus from institutional investors on the network’s growing role in the real-world asset (RWA) sector.
BUIDL experienced a $436 million increase on Avalanche within seven days, marking a significant weekly gain for this tokenized money market product and highlighting its accelerated adoption among institutional players.
BUIDL provides eligible investors with access to tokenized U.S. Treasury-linked assets and cash equivalents. Through this structure, traditional financial products are represented by blockchain-native tokens. Ownership and transfer of these assets occur on-chain within approved systems, offering new approaches for institutional exposure and operational efficiency.
Mini dictionary: RWA (Real-World Asset) — RWAs are traditional assets such as bonds, real estate, or commodities that are tokenized for use and transfer on blockchain platforms. These digital representations enable streamlined settlement, improved transparency, and broader access for institutional and retail investors.
The expanded on-chain presence demonstrates growing confidence from fund managers and asset holders in blockchain infrastructure capable of supporting large-scale, regulated financial products.
Total BUIDL AUM nears $2.87 billion
Since its launch, BUIDL’s overall assets under management have climbed close to $2.87 billion, cementing the fund’s position among the largest tokenized U.S. Treasury products currently available. By distributing across multiple blockchain networks, BUIDL addresses institutional demand for alternative settlement and diversified custody solutions.
| Network | AUM ($) | Weekly Increase ($) | Weekly Growth Rate |
|---|---|---|---|
| Avalanche | 900 million | 436 million | 105% |
| All Networks (Total) | 2.87 billion | N/A | N/A |
A tokenized money market fund leverages blockchain-based tokens to mirror traditional money market fund participation and payouts. Investors retain economic exposure to underlying assets such as U.S. Treasuries but interact using blockchain interfaces, improving settlement speed and transparency.
MSB Intel identified BUIDL as one of the largest institutional dollar-based products on public blockchain networks, citing its significant asset growth and the expanding attention from major issuers in the real-world asset market.
The recent inflows to Avalanche have positioned the network as a prominent destination for institutional capital in the expanding RWA landscape.
Avalanche’s role in institutional asset tokenization
Avalanche, developed by Ava Labs, offers a high-speed, scalable blockchain platform that has become a hub for tokenized real-world asset products. The network’s appeal to fund managers and custodians stems from its technical capabilities and growing ecosystem of compliant infrastructure.
Institutional products such as BUIDL must adhere to regulatory requirements for compliance, custody, and investor protections. These safeguards set them apart from open-access digital assets like meme tokens.
Analysts say continued inflows, regulatory clarity, and innovation in custody solutions will determine Avalanche’s ongoing role in the RWA sector. Market participants are closely monitoring whether BUIDL’s AUM on Avalanche maintains its position above $900 million following the sharp increase. Any further asset allocation or strategic deployment could reinforce the network’s place in institutional finance.
