Blackrock and Securiticke start on Solana: Buidl fund reaches $ 1.7 billion, while the tokenized treasury market exceeds a record high of $ 5 billion

<p> <strong> Blackrock and Securiticke start on Solana: Buidl fund reaches $ 1.7 billion, while the tokenized treasury market exceeds a record high of $ 5 billion </strong> </p>

Buidl on Solana: A new chapter in the tokenized treasury market

On March 25, 2025, Blackrock and Securitize announced the introduction of a new shareholder class of their tokenized treasury fund, Buidl, on the Solana blockchain. This was done when the funds of the fund reached $ 1.7 billion and the entire market-wide-wide teased treasury market achieved a record value of $ 5 billion.

Buidl's Solana debut and the all-time high of the tokenized treasury market

The Blackrock USD Institutional Digital Liquidity Fund, also known as Buidl, is now operated on Solana and is expanding its multi-chain presence to a total of seven networks, including Ethereum, Polygon and Avalanche. The cross-chain interoperability is made possible by the Wormhole technology, which ensures seamless transmissions between blockchain networks.

Buidl was introduced in March 2024 as Blackrock's first public blockchain-based fund. It offers institutional investors on-chain access to US dollar returns, daily dividends and 24/7 peer-to-peer transactions. The integration of Solana aims to use the high-speed and inexpensive infrastructure of the network in order to further increase efficiency.

reaching the 5 billion dollar milestone in the tokenized treasury market reflects an accelerated institutional acceptance. The Digital, Copper and Fireblocks' consolidation supports the Buidl Fund, while the Bank of New York Mellon is responsible for the custody of cash and securities.

growing demand for tokenized real assets

Carlos Domingo, CEO von Securitize, referred to the increasing demand for tokenized real assets (RWAS) and emphasized the technical skills of Solana as crucial for the accessibility of these products. In addition, Lily Liu, President of the Solana Foundation, emphasized the developer ecosystem and the cost efficiency of the network as advantages for institutional acceptance.

"In the year since the start of Buidl, we have experienced significant growth in demand for tokenized real assets, which confirms the value of institutional on-chain products," explained Domingo.

The BUIDL fund currently exceeds a brand of $ 1 billion in managed assets (AUM) and remains only accessible to qualified investors. This expansion underlines the broader change of traditional financial institutions (Tradfi) towards blockchain solutions that aim to improve liquidity and reduce operating costs. Buidl's multi-chain strategy is also designed to position yourself in dynamic regulatory framework and at the same time meet the different needs of investors.

Overall, the introduction of the new share class on Solana is not only a technical progress, but also a significant step in the development of the entire tokenized treasury market, in which demand increases.