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Guavy AI Editorial Team••Sentiment: 4.2•Clout: 40

BlackRock Tokenizes $2.93B in Assets Across Multiple Blockchain Networks

BNBETHAVAXSOL

BlackRock's tokenized asset portfolio has reached a significant milestone of $2.93 billion, with a substantial portion held on the Ethereum blockchain at $1.1 billion.

The growth in tokenized assets underscores the accelerating institutional adoption of blockchain-based financial products.

Leading networks for BlackRock's tokenized offerings include Avalanche (AVAX), Solana (SOL), and BNB Chain, which host a variety of tokenized real-world assets such as money market funds and private credit instruments.

The expansion of the BUIDL fund, a tokenized money market fund launched in partnership with Securitize, has been a key driver in the overall growth of BlackRock's tokenized portfolio.