Bullish
BlackRock's BUIDL fund on Avalanche doubles to $900M AUM in a week
BlackRock's BUIDL fund on Avalanche has seen its assets under management (AUM) surge from approximately $464 million to over $900 million within a week, indicating strong institutional interest in Avalanche's tokenized assets. This rapid growth positions Avalanche as a leading platform for institutional tokenization, second only to Ethereum in BUIDL's AUM.
Key points
- BlackRock's BUIDL fund on Avalanche doubles to $900M AUM in a week.
Sources
AI-generated from public news sources. Not financial advice.
