BUIDL Captures 40% of the Tokenized Treasury Market
BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) has experienced a $1 billion increase in assets under management from March 26 to June 11, 2025, bringing total assets to $2.89 billion. This growth highlights the rapid adoption of real-world asset (RWA) tokenization, especially among institutional players.
BUIDL now accounts for 40% of the $7.34 billion tokenized U.S. Treasury market—a milestone that underscores its growing influence.
Ethena Labs Drives Growth with USDtb Contribution
The recent expansion was driven largely by Ethena Labs, which injected $1.3 billion worth of USDtb stablecoins into the BUIDL Fund. This massive infusion helped BUIDL scale faster than any previous fund in the tokenized treasury sector.
This marks the fastest growth event for any fund within the tokenized U.S. Treasuries space, signaling rising institutional confidence.
According to Ethena Labs’ strategy lead, the move reflects growing faith in regulated digital instruments, offering both security and transparency through blockchain-based infrastructure.
Tokenized RWAs Gain Ground in Traditional Finance
BUIDL’s expansion is being closely watched as a key signal of institutional adoption of tokenized assets. Backed by U.S. Treasuries and issued on public blockchains, funds like BUIDL provide high-yield cash alternatives in a compliant structure.
The BUIDL Fund’s dominance suggests a shift toward blockchain-powered financial products designed to meet the needs of institutional liquidity and compliance.
As traditional finance explores blockchain integration, tokenized RWAs are becoming a mainstream investment vehicle. This trend may pave the way for other regulated players to launch similar digital offerings.
Crypto Market Snapshot
As of today, Ethereum (ETH) is trading at $2,554.39, with a market cap of $308.37 billion. ETH maintains a 9.43% dominance in the market, with a 24-hour trading volume of $39.26 billion. Recent price activity includes a 5.96% decline in 24 hours and a 2.95% gain over the past 7 days.
Conclusion
The surge in BUIDL’s assets signals a transformative moment in finance, where blockchain meets institutional-grade capital. As more entities embrace tokenized U.S. Treasuries, funds like BUIDL are poised to redefine digital liquidity—backed by real-world value.