BlackRock's BUIDL rethinks finance using blockchain and Treasury bonds

BlackRock’s BUIDL tokenized Treasury Fund has soared to $1.8 billion since its launch in March 2024, with operations covering seven blockchains including Ethereum and Solana. The fund offers 24/7 real-time settlement and monthly tokenized dividends, attracting major institutional investors such as Ondo Finance, which has invested $95 million. The fund’s success highlights the growing demand for tokenized real-world assets, enhances liquidity, and connects traditional finance with DeFi.