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Guavy AI Editorial Team••Sentiment: 3•Clout: 42

BlackRock's Tokenized Assets Surge Past $2.9 Billion

BNBETHAVAXSOL

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

This growth underscores accelerating institutional adoption of blockchain-based financial products and marks a maturing relationship between traditional finance and decentralized technology.

The BUIDL fund, a tokenized money market fund launched in partnership with Securitize, is a key driver behind BlackRock's tokenized portfolio growth.

BlackRock's involvement with multiple blockchain networks, including Avalanche (AVAX), Solana (SOL), and BNB Chain, suggests a multi-chain strategy for diversification and risk management.