BlackRock’s Buidl fund has seen rapid growth over the past few weeks, indicating a growing awareness of the role of blockchain in Tradfi.
Despite the market slump, investors’ desire for blockchain-based securities is growing. On Friday, April 11th, BlackRock’s Buidl Fund surpassed its $2.1 billion worth of assets under its control over Ethereum (ETH). These funds account for 90.5% of all Buidl tokens across the seven supporting chains.
Breaking: @ethereum’s BlackRock Buidl fund AUM exceeded $2 billion.
Buidl is currently available in seven chains, with around 90.5% of the fund’s AUM being tokenized with Ethereum. pic.twitter.com/v3wehvdp9y
– Token Terminal 📊 (@tokenterminal) April 11, 2025
The Buidl fund has seen rapid growth over the past few weeks, growing from around $500 million at AUM to more than $2 billion. Interestingly, this growth began like a fear of an ongoing trade war was shaking the market.
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When stocks and codes fell over, investors looked for safer, more harvested equipment, like the US Treasury Department. The Buidl fund, which generates yields through the Treasury, was one of the beneficiaries of this shift.
Additionally, on April 11, the US Treasury Department rose 13 basis points in 2010, resulting in an increase in Treasury yields.
BlackRock’s Buidl Fund uses blockchain for finance
The growth of Buidl Fund’s AUM indicates a growing awareness of the potential of blockchain in traditional finance. In particular, Buidl tokens are much more similar to traditional financial products than Altcoins.
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Unlike most other crypto tokens, Buidl tokens are explicitly securities and regulations apply to trade. For example, traders must pass a strict KYC process to hold and trade tokens. They generate holder yields through investments in the US Treasury.
At the same time, funds benefit from blockchain and asset tokenization, making them more efficient compared to similar off-chain equipment. The platform uses blockchain technology for its purposes and boasts a momentary, transparent settlement. It also has programmable compliance with smart contracts designed to comply with regulations.
read more: BlackRock CEO Larry Fink says the market could drop by another 20%
