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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InIn a move reflecting the accelerating adoption of blockchain technology by major financial institutions, BlackRock's BUIDL fund assets under management have surpassed $900 million on the Avalanche network. According to reports, the fund's total AUM across all supported networks has reached $2.87 billion. This growth highlights robust institutional demand for tokenized US Treasuries as an investment vehicle that combines the security of traditional assets with the efficiency of decentralized technology.
This expansion comes amid intensifying competition in the Real-World Asset (RWA) tokenization sector, with firms like Franklin Templeton vying for market share through similar offerings. Per market data, the total market capitalization of tokenized Treasuries exceeded $2 billion in 2024, positioning BlackRock as a dominant leader. The choice of the Avalanche network is strategic, given its transaction speed and lower costs compared to Ethereum, attracting asset managers seeking higher operational efficiency.
Regarding financial performance, BlackRock's stock listed in London (0QZZ.L) stood at $1037.48 (close July 10, 2026). Investors are currently monitoring how this digital expansion impacts the company's asset management margins. Looking at the economic calendar, while there are no immediate corporate catalysts, markets remain focused on upcoming Fed official speeches for signals on interest rate paths, which directly influence the yields of the Treasuries represented by the BUIDL fund.