Ramazan Eles 
BlackRock’s BUIDL fund, which quickly entered the crypto and tokenization world last year, has exceeded $500 million in assets under management. Launched in March, the fund has thus crossed an important threshold in a short period of 4 months.
With nearly $10 trillion in assets under management, BlackRock’s BUIDL tokenization fund, the world’s number one in this regard, is also receiving significant investments. BlackRock, which also has the most investment in Bitcoin spot ETFs by far, has also received investments in tokenization at a level equivalent to 30% of the entire market.
According to Dune Analytics, the tokenization market is currently valued at just over $1.5 billion, and BlackRock already owns $500 million of it.
The fund’s holdings include cash, US Treasury bonds, and repurchase agreements. The fact that the fund surpassed the $500 million mark after BUIDL purchases made by tokenization company Ondo Finance does not go unnoticed. Ondo Finance also uses the BUIDL fund as support for its own token, OUSG.
Ondo Finance is also the company that holds the most BUIDL fund with $173 million. Mountain Protocol, the issuer of the USDM stablecoin, is in second place. Mountain also prefers BUIDL as a supporting asset for its stablecoin.
BUIDL, which has a fixed price of 1 to 1 with the US dollar, also distributes dividends to its investors on a monthly basis.
BlackRock’s famous CEO Larry Fink has also said in many programs he has attended recently that tokenization will be one of the biggest factors in the progress of capital markets.
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