News

BlackRock Brings BUIDL Fund onto Solana

The $1.7B tokenized treasury fund is already available on Ethereum, Optimism, Arbitrum, Polygon, Avalanche, and Aptos.

Mar 25, 2025 • 1 min read

BlackRock's $1.7 billion tokenized treasury fund, BUIDL, has added Solana as its seventh blockchain platform, Fortune reports.

What’s the Scoop?

Major Expansion: BlackRock's BUIDL fund, holding $1.7 billion, has expanded to Solana, adding to six other blockchain platforms like Ethereum and Avalanche.
Blockchain Money Markets: The BUIDL fund tokenizes traditional money market instruments, combining them with blockchain for 24/7 operation and accessibility.
Industry Shifts: BlackRock CEO Larry Fink emphasized tokenizing financial assets as the next phase in transforming traditional markets.

Welcome @solana to the BUIDL ecosystem!!

"Exclusive: BlackRock expands blockchain-based money market to Solana, in tie-up with startup Securitize" https://t.co/dkgGYLAiWJ
— Carlos Domingo (@carlosdomingo) March 25, 2025

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