BlackRock BUIDL Fund has deployed more than $1 billion in Ethereum

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PANews
03-23
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PANews reported on March 23 that according to Cointelegraph, Token Terminal data shows that BlackRock's BUIDL fund's capital deployment on the Ethereum chain has exceeded $1 billion, currently reaching approximately $1.145 billion. The BUIDL fund primarily focuses on tokenizing real-world assets (RWA) and makes diversified investments on chains such as Avalanche, Polygon, Aptos, Arbitrum, and Optimism, with Ethereum remaining its core configuration.

According to Nansen's analysis, since March 12, 2024, the number of addresses holding 1,000-10,000 ETH has grown by 5.65%, while the number of addresses holding 10,000-100,000 ETH has grown by 28.73%.

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