BlackRock BUIDL reaches $900M on Avalanche

BlackRock’s USD Institutional Digital Liquidity Fund, known as BUIDL, has passed $900 million in assets on the Avalanche network. The figure rose from about $464 million within seven days, adding roughly $436 million and marking a 105% weekly increase.

RWA.xyz’s BUIDL dashboard places the fund’s total asset value at about $2.87 billion across supported networks. Its Avalanche position now represents close to one-third of the full fund. Current data also puts Avalanche behind Ethereum as BUIDL’s second-largest network allocation.

BUIDL gives institutions on-chain Treasury access

BlackRock launched BUIDL in March 2024 through tokenization platform Securitize. The fund invests mainly in U.S. Treasury bills, cash, and repurchase agreements. Its stated goal is “current income” while maintaining liquidity and stability of principal. Investors receive tokenized fund shares and daily accrued dividends.

BUIDL first launched on Ethereum before expanding to Aptos, Arbitrum, Avalanche, Optimism, and Polygon in November 2024. It later reached Solana and BNB Chain. BNY Mellon supports the fund’s administration across digital and traditional systems. RWA.xyz lists a seven-day annualized yield of 3.40% and management fees ranging from 0.20% to 0.50%.

Avalanche’s tokenized asset market expands

Current RWA.xyz Avalanche data shows about $2.10 billion in distributed real-world asset value on the network, up more than 58% over 30 days. Avalanche also hosts tokenized products from Franklin Templeton and other asset managers.

BUIDL has also entered decentralized finance on Avalanche. sBUIDL, a token backed one-to-one by BUIDL and issued by Securitize, became collateral on Euler in May 2025. Eligible users can borrow USDC or AUSD against the asset through curated lending markets.

Tokenized Treasury demand continues growing

The BUIDL increase comes as tokenized real-world assets gain a larger place in institutional crypto activity. Tokenized real-world assets had crossed $29 billion by April 2026. Tokenized U.S. Treasuries rose from about $380 million in 2023 to $13.4 billion during the same period.

BUIDL remains concentrated among a limited number of approved investors. RWA.xyz lists 113 holders, even as the fund approaches $2.87 billion in value. That structure reflects its focus on qualified purchasers rather than broad retail access.