Blackrock’s BUIDL Grows 50% in 6 Days — Crypto Fund Hits $1 Billion AUM
In just 6 days, from March 8, 2025, the Blackrock USD Crypto Institutional Digital Liquidity Fund (BUIDL) has seen an impressive growth from $668 million in assets under management (AUM) to over $1 billion, representing a 50.3% increase.
From $668 million to $1 billion in a short period of time
Launched in March 2024, BUIDL has quickly become one of Blackrock’s leading crypto funds, issued on multiple public blockchains. Currently, BUIDL’s AUM has reached $1.004 billion. According to an announcement from Securitize — the fund’s issuer and prominent crypto solutions provider — the $1 billion milestone is a significant achievement, affirming BUIDL’s position as the leading crypto treasury fund by AUM.
BUIDL makes a major breakthrough for onchain finance
Carlos Domingo, co-founder and CEO of Securitize, said: “Blackrock’s BUIDL surpassing the $1 billion AUM mark represents a significant milestone for onchain finance. It demonstrates that this market not only exists, but is growing with increasing momentum.”
According to data from rwa.xyz, the crypto-Treasury market has reached $4.4 billion at press time, after surpassing $4 billion in early March. Following BUIDL is the Hashnote Short Duration Yield Coin (USYC) fund with around $868 million AUM, and the Franklin Onchain United States Government Monetary Fund, also known as BENJI, with $689 million AUM.
The BUIDL Ecosystem Continues to Expand
Since its launch, the BUIDL ecosystem has grown significantly, integrating Wormhole to support cross-chain token transfers, and is now accessible on major blockchains such as Optimism, Arbitrum, Polygon, Avalanche, and Aptos. Currently, there are 557 holders who collectively manage the circulating BUIDL tokens.
“We are very grateful to Securitize, [Bank of New York Mellon] and our partners, and are excited to see the strong growth of BUIDL,” said Joseph Chalom, head of Strategic Ecosystem Partnerships at Blackrock.
Strong Growth Outlook for the Crypto Economy
Many experts predict that the crypto bond economy will expand significantly in the coming years, with a forecast of $1 trillion by 2028. The overall crypto asset market could grow to $2 trillion to $30 trillion by 2030, including assets such as stocks, real estate, bonds and commodities. Currently, the real asset (RWA) economy is worth $18.34 billion.