BlackRock Expands Tokenized Fund BUIDL to Solana as Demand Surges

BlackRock’s move to integrate Solana reflects the growing institutional interest in tokenized financial products, particularly as blockchain technology gains traction in traditional markets.

By offering exposure to real-world assets on-chain, BUIDL is positioning itself as a bridge between traditional finance and decentralized ecosystems.

BUIDL offers investors a stable, tokenized asset pegged at $1 per unit, with daily dividends automatically credited to holders’ wallets.

Managed through Securitize Markets, the fund has experienced rapid growth, reaching an all-time high of $1.7 billion—an increase of 165% over the past month. Projections suggest it could exceed $2 billion by early April.

Securitize CEO Carlos Domingo emphasized that demand for tokenized real-world assets is surging, making Solana an ideal addition due to its speed, scalability, and cost efficiency.

The expansion also highlights BlackRock’s strategic approach to digital asset adoption, as it continues to explore blockchain solutions beyond cryptocurrencies. With Solana’s reputation for handling high transaction volumes efficiently, the move could attract more institutional investors looking for regulated, blockchain-based financial products.

Author

Alexander Stefanov

Reporter at CoinsPress

Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.