BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) expanded by astir $1 cardinal betwixt March 26 and June 11, representing astir fractional of the $2 cardinal maturation of the tokenized US treasuries marketplace successful the period.
According to rwa.xyz data, BUIDL’s size is $2.89 cardinal arsenic of June 11. It is the largest tokenized wealth fund, representing 40% of the $7.34 cardinal market.
The March 26 benchmark is important due to the fact that it’s erstwhile Ethena Labs stopped adding the money shares to backmost its USDtb stablecoin. USDtb drove astir of BUIDL’s maturation successful 2025, channeling 90% of its reserves into the fund, totaling $1.3 billion.
Consequently, the important 35% maturation successful little than 3 months without Ethena’s boost suggests continuing request for regulated, high-yield currency instruments connected nationalist blockchains.
Accelerated maturation of tokenized treasuries
Furthermore, the money has grown by astir 3 times since it reached $1 cardinal connected March 13, achieving this milestone successful conscionable implicit a year.
However, it took little than 90 days to triple the amount, suggesting a spike successful involvement successful real-world plus (RWA) tokenization, particularly tokenized US treasuries.
According to rwa.xyz’s overview, the RWA marketplace grew by astir $5 cardinal betwixt March 13 and June 11. The tokenized US treasuries marketplace represented astir fractional of the planetary RWA marketplace growth.
As shared connected June 12 by ETF Store CEO Nate Geraci, BlackRock precocious published its effort to span the accepted superior markets “with the processing integer assets ecosystem,” presently focusing connected tokenized funds.
Dividend streak reaches a 3rd monthly record
Alongside plus growth, BUIDL’s income distributions continued to acceptable caller highs. The money paid $4.17 cardinal successful March, pushing cumulative payouts supra $25 million.
April dividends roseate to astir $7.9 million, lifting beingness payments past $33 million, according to issuer posts.
May distributions exceeded $10 million, bringing full dividends to much than $43 cardinal since inception. This represented the 3rd consecutive monthly record.
The station BlackRock’s BUIDL nears $3B, registers 3x summation successful little than 90 days appeared archetypal connected CryptoSlate.