The BUIDL tokenized fund backed by BlackRock has officially expanded to the Solana network, marking a new step in its multi-chain strategy.
BUIDL is a Token representing BlackRock's Real World Asset (RWA) investment fund, focusing on US Treasury bonds to provide stable returns for investors. This Token always maintains a value equivalent to USD, similar to a stablecoin, helping investors access traditional assets more flexibly on the blockchain.
Currently, BUIDL maintains its position as the largest global real-world asset tokenized fund, with a Capital of approximately $1.7 billion. Of this, most assets—around $1.5 billion, equivalent to 88% of the total value—are being managed on Ethereum.
The expansion to Solana makes this the 7th blockchain ecosystem supporting BUIDL, after Ethereum, Aptos, Arbitrum, Avalanche, OP Mainnet, and Polygon.
