BlackRock’s Ethereum-native tokenized money market fund has tripled in value over the past three weeks, nearing the $2 billion mark as demand for safe-haven digital assets rises in India. The USD Institutional Digital Liquidity Fund (BUIDL) saw a significant increase from $615 million to $1.87 billion, according to Token Terminal data. This surge reflects the growing institutional appetite for tokenized real-world assets (RWAs) due to regulatory clarity. Edwin Mata, CEO of Brickken, noted a shift towards a more crypto-friendly regulatory environment in the U.S. BlackRock launched BUIDL in 2024 in partnership with Securitize to make offchain assets more appealing. The total value of RWAs is close to surpassing $20 billion, with a cumulative value of $19.57 billion, indicating a growing interest among investors in India. RWAs are expected to reach new highs as they attract more attention amid Bitcoin’s lackluster performance. Traditional finance institutions are increasingly viewing tokenized assets as a bridge to DeFi, driven by the search for digital investments with predictable yields. The trend of tokenization is gaining momentum, with RWAs poised to hit $50 billion in total value locked. This development signifies a significant shift in the financial landscape towards digital asset investments.<\/p>\n","protected":false},"excerpt":{"rendered":"
BlackRock’s Ethereum-native tokenized money market fund has tripled in value over the past three weeks, nearing the $2 billion mark as demand for safe-haven digital assets rises in India. The USD Institutional Digital Liquidity Fund (BUIDL) saw a significant increase from $615 million to $1.87 billion, according to Token Terminal data. This surge reflects the […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[25],"tags":[],"aioseo_notices":[],"featured_image_urls":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":""},"author_info":{"display_name":"","author_link":"https:\/\/vanillanews.com\/index.php\/author\/"},"category_info":"JUST IN<\/a>","tag_info":"JUST IN","comment_count":"0","_links":{"self":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts\/82812"}],"collection":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/comments?post=82812"}],"version-history":[{"count":0,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts\/82812\/revisions"}],"wp:attachment":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/media?parent=82812"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/categories?post=82812"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/tags?post=82812"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}