BlackRock’s BUIDL Fund has grown significantly, marking a rise of approximately 1 billion USD due to increased contributions from Ethena Labs. This growth indicates robust institutional interest in tokenization and digital finance, reflecting a strategic shift toward regulated digital assets.
Now representing 40% of the tokenized U.S. Treasury market valued at 7.34 billion USD, the BUIDL Fund’s expansion reflects a significant institutional trust in digital assets. Market observers emphasize the importance of this momentum as it illustrates a broader trend towards the adoption of blockchain technologies in finance.
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