BlackRock ‘BUIDL' tokenized fund triples in 3 weeks as Bitcoin stalls

Update March 26, 2:36 pm UTC: This article has been updated to include quotes from Brickken CEO Edwin Mata.BlackRock's Ethereum-native tokenized money market fund has more than tripled in value over the past three weeks, nearing the $2 billion mark amid rising demand for safe-haven digital assets. BlackRock's USD Institutional Digital Liquidity Fund (BUIDL) saw an over three-fold increase over the past three weeks, from $615 million to $1.87 billion, according to Token Terminal data shared by Leon Waidmann, head of research at Onchain Foundation, a Web3 intelligence platform.

Source: cointelegraph.com

Related symbols: BTCUSD

2025-03-26 15:05:04 GMT.