Tokenized RWAs Boom: BlackRock BUIDL Milestone Signals TradFi Shift
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By CryptoFlare AI
BlackRock's BUIDL tokenized fund on Ethereum has amassed over $528 million in AUM since its March 2024 launch, driven by investments in U.S. Treasuries and cash equivalents. The RWA sector's TVL has surged 150% year-over-year to $7.8 billion, reflecting growing institutional adoption of blockchain tokenization. This milestone underscores TradFi's shift toward DeFi, offering real yields around 4.92% APY and enhanced liquidity.
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