What to know:
- BlackRock BUIDL tops $900M on Avalanche, now nearly one-third of its total fund assets.
- Avalanche allocation jumps 105% weekly as Ethereum remains the largest BUIDL network.
- RWA.xyz lists 113 holders, suggesting large approved allocations likely drove the rise.
BlackRock BUIDL has crossed $900 million on Avalanche, adding a marker for tokenized Treasury adoption. The fund’s Avalanche assets now form nearly one-third of its total value. The growth shows how institutions are using public blockchains for real-world assets.
According to RWA.xyz’s data, the total assets of the fund are estimated at about $2.87 billion across supported chains.
Avalanche comes in second place after Ethereum, according to its present valuation of $902.7 million. Ethereum leads in terms of allocation value by $1.02 billion, followed by Solana with $616 million.
Also Read: Uniswap Faces Huge Momentum With 10x Jump on Robinhood Chain
How BlackRock BUIDL Expanded on Avalanche
The amount of BlackRock BUIDL asset holdings on the Avalanche network increased by more than $436 million within a week. This translates into an increase of roughly 105% from the previous value, as shown on the dashboard.
BlackRock BUIDL was established in March 2024 using the Securitize platform for tokenization. It focuses its investment on U.S. Treasury bills, cash, and repos. Its objective is to generate income with liquidity and preservation of principal.
The investors get tokenized shares of the fund in case they meet the eligibility criteria. The product also distributes daily accrued dividends to eligible investors. The transactions are subject to controls, restricting their accessibility only to eligible investors.
The Avalanche growth is a part of a larger trend of growing numbers of tokenized products issued based on U.S. Treasuries. Tokenized U.S. Treasuries have become the biggest sector in the real-world assets market. They are used by institutions for cash management, settlement, and on-chain liquidity purposes.
What Drives Tokenized Treasury Growth in DeFi
Moreover, BlackRock BUIDL has joined DeFi activities on Avalanche. In May 2025, sBUIDL became the collateral on Euler. This token was issued by Securitize and represents a one-to-one collateral of BUIDL.
The sBUIDL tokens could be used as collateral for USDC or AUSD borrowing from curated lending markets. In this way, an asset backed by the treasury would be brought to the controlled DeFi lending platform.
However, the general market has grown during the year. Real-world assets tokenized reached $29 billion by April 2026. In addition, tokenized U.S. Treasuries increased from approximately $380 million in 2023 to $13.4 billion by that date.
Why BlackRock BUIDL Holder Growth Remains Limited
BlackRock BUIDL still has a limited holder base despite its large asset value. RWA.xyz data lists 113 holders for the fund. That means the last Avalanche growth is likely to have occurred due to some large-scale allocations.
That’s the reason why wallet counts are not necessarily an indicator of asset growth because one approved investor could move a big portion of that fund.
BlackRock and Securitize have not been clear about who investors are behind the growth that occurs each week. The public data does not show whether the growth was due to subscriptions or transfers to the network or both.
Also Read: Ripple CEO Says Company Nearly Shut Down After 2020 SEC Lawsuit
Be the first to comment