- Main event, leadership changes, market impact, financial shifts, or expert insights.
- BUIDL achieves $1.94 billion in assets.
- Tokenized Treasury market hits $4.2 billion.

BlackRock’s BUIDL fund, launched by the world’s largest asset manager, recently recorded a 92% surge in the tokenized US Treasury market as of April 2025.
The significant growth in BlackRock’s BUIDL fund underscores rising institutional interest in tokenized assets, influencing market dynamics and catalyzing further on-chain financial activities.
Institutional Interest and Market Dynamics
BlackRock’s involvement, alongside partners like Securitize and institutional custodians, plays a crucial role in the BUIDL fund’s 92% surge affecting the tokenized treasury market. The fund, tokenizing US Treasury assets, attracts substantial institutional attention, leveraging compliance partnerships for enhanced security.
CEO Influence and Peer Interest
BlackRock’s CEO Larry Fink, though silent publicly on the recent surge, remains a beacon for traditional asset management in blockchain. Securitize’s Carlos Domingo commented on the importance of institutional-quality products, marking substantial demand since BUIDL’s inception. He mentioned:
“Since the year of BUIDL’s launch we’ve seen substantial growth in demand for tokenized real-world assets, highlighting the importance of offering institutional-quality products on-chain. As the market for RWAs and tokenized Treasuries continues to gain traction, extending BUIDL to Solana—a blockchain recognized for its speed, scalability, and cost-effectiveness—seems like a logical progression.” – source
BUIDL’s achievements propelled institutional engagement, drawing interest from rivals like Franklin Templeton. The absence of direct price impacts on cryptocurrencies does not overshadow its significant market influence, with $825 million tokens on Ethereum enhancing liquidity.
Regulatory and Institutional Impact
The rapid expansion of tokenized Treasuries emphasizes the potential for regulatory and institutional transformations in finance. BUIDL’s SEC registration and compliance-oriented structure bolster trust, paving the way for future developments in on-chain finance.
The confluence of institutional finance and blockchain technology remains a focal point of financial evolution, promising continued sector growth and broader acceptance of tokenized assets on a global scale.