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Blackrock’s BUIDL Fund Overtakes Franklin Templeton to Become Largest RWA Tokenized Offering

Blackrock’s BUIDL Fund Overtakes Franklin Templeton to Become Largest RWA Tokenized OfferingBased on the most recent figures, Blackrock’s USD Institutional Digital Liquidity Fund, also known as BUIDL, has expanded to $381.76 million, overtaking Franklin Templeton’s onchain investment vehicle, BENJI, as the largest real-world asset (RWA) tokenized offering. Blackrock’s Digital Fund Surpasses BENJI as Leader in Tokenized Treasury Offerings Blackrock’s BUIDL has now eclipsed all other tokenized […]

Genesis settles for $2 billion in New York AG crypto case

BlackRock’s BUIDL becomes the world’s largest tokenized treasury fund

It took less than six weeks for the BlackRock USD Institutional Digital Liquidity Fund to surpass Franklin Templeton’s one year old tokenized treasury fund.

The BlackRock USD Institutional Digital Liquidity Fund is now the largest treasury fund tokenized on a blockchain after it surpassing Franklin Templeton’s product this week.

BlackRock’s six-week old product, tickered BUIDL, has notchemarket cap of $375 million, surpassing the 12-month-old Franklin OnChain U.S. Government Money Fund (BENJI), which sits at $368 million, according to a Dune Analytics dashboard.

It comes as BUIDL took in $70 million in the last week, including $50 million from real-world asset tokenization firm Ondo Finance's OUSG token.

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Genesis settles for $2 billion in New York AG crypto case

Tokenized US Treasury Bonds Hit $1 Billion Milestone on Public Blockchains

Tokenized US Treasury Bonds Hit  Billion Milestone on Public BlockchainsThis week, 21.co’s onchain data analyst Tom Wan presented figures revealing that tokenized U.S. Treasury bonds on public blockchains have surpassed the $1 billion mark. The analyst highlighted that Blackrock’s BUIDL experienced significant growth of 400%, escalating from $40 million to $240 million within a span of a week. The Rise of Tokenized Real-World Assets […]

Genesis settles for $2 billion in New York AG crypto case