BlackRock’s six-week-old product, tickered BUIDL, has notched a market 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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