While uncertainties continue in the crypto market, the token of real world assets (RWA) attracts more and more corporate attention. Blackrock, which is the leadership in this field, attracted attention by exceeding $ 1 billion in a short time. Now, the total managed asset (AUM) value of the fund has approached $ 1.5 billion. Moreover, the giant investment company Fidelity announced that it will participate in this race.
Blackrock BUIDL move shapes the RWA field
According to data shared by RWA.Xyz, the AUM value of the BUIDL fund increased by 129 %in the last 30 days and reached $ 1.4 billion. This fund, which was initiated on the Securitized Platform in March 2024, exceeded the $ 1 billion threshold in just a year. This rapid growth reveals that corporate investors’ interest in RWA projects is increasing.
Although BUIDL has expanded to multiple blocky networks, most of the supply still focuses on Ethereum. Currently, more than $ 1 billion, which corresponds to 86.46 %of the fund, is located in Ethereum. Networks like Avalanche and Aptos have a share of approximately $ 56 million. Ethereum L2 solutions such as Polygon, Arbitrum and Optimism are also home to BUIDL tokens.
The number of investors is increasing, trust is strengthening
Not only the size of the fund, but also investor participation has increased significantly. In the last month, the number of wallets holding BUIDL increased by 19 %and reached 62. Experts say that this increase shows that confidence in Blockchain -based financial products reinforce. At the same time, the interest of corporate investors to token your bonds and credit instruments is rapidly rising.
Especially considering the slowness and transparency problems of classical finance, the orientation of blockchain -based funds becomes more understandable. Thanks to the tokenization, processing processes are realized faster and investors can follow the background movements instantly.
Blackrock: Fidelity also participated in the race: “Onchain” class announced
Blackrock and this success, mobilized competitors. The giant asset management company Fidelity announced a new token -made Treasury Money Market Fund with its application to the US Securities and Stock Exchange Commission (SEC). The new share class, named “Onchain, will work on the Ethereum network.
Fidelity said in his application that he could use different blocky nets in the future. This development clearly demonstrates that financial giants seriously adopt the area of tokens. Traditional assets are transported not only in theory, but also in practice.
RWA Market continues to grow
Despite the 11 %decrease in the first quarter of the year in the crypto market, RWA Tokens managed to remain strong. Data on the chain show that the total market value in this category increased by 18.29 %in the last 30 days to $ 19.23 billion. The total number of RWA wallets increased by 5 %to 91,000.
The Blackrock BUIDL fund, which holds leadership in the market, is followed by the USDY of Hashnote and Tether Gold (Xaut) of 752 million dollars with a $ 784 million AUM AUM. In the meantime, US Treasury bonds have a total share of $ 4.76 billion, while the private loan sector constitutes a large part of the market with $ 12.2 billion.
