BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) leads the tokenized Treasury sector as of May 2025, managing nearly $1.5 billion in assets

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Mar 1, 2025 - 12:00am

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BlackRock’s tokenized T-bill fund, BUIDL currently leads the sector with roughly $1.5 billion in assets. Franklin Templeton, which recently expanded its FOBXX fund to Solana, has gathered around $689 million in assets.
The RWA tokenization market for Treasury products is currently valued at $4.78 billion, led by the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) at $1.46 billion, according to rwa.xyz.