Back
BlackRock’s BUIDL tops $900 million on Avalanche, doubling in a week

BlackRock’s BUIDL tops $900 million on Avalanche, doubling in a week

RWA.xyz data shows the tokenized U.S. Treasury fund rose 105% in seven days to more than $900 million on Avalanche, lifting BUIDL’s total size to about $2.869 billion across chains.

ETH
AVAX
BUIDL

Fact Check
The claim's key figures are consistent across all sources and trace to a single primary origin: Wu Blockchain citing RWA.xyz data (July 12, 2026). The Wu Blockchain post confirms BUIDL surpassed $900M on Avalanche, doubling in a week, with ~$2.87B total AUM. RWA.xyz's own Avalanche page independently confirms Securitize (BUIDL's issuer) as the top platform at $1.3B, up 161% in 30 days, consistent with a major surge. The specific $464M starting figure and 'second-largest after Ethereum' claim are corroborated by crypto.news and Cryptobriefing. All reporting originates from the same data provider (RWA.xyz), so independent verification is limited, but the direct RWA.xyz data supports the growth narrative.
Summary

BlackRock’s BUIDL has climbed above $900 million in assets on Avalanche after rising from about $464 million a week earlier, a roughly $436 million increase that marks a 105% weekly gain, according to RWA.xyz data cited on July 12. BUIDL’s total value across supported blockchains stood at about $2.869 billion, up 21.11% over 30 days, with Avalanche accounting for close to one-third of the fund and ranking as its second-largest network allocation behind Ethereum. Launched in March 2024 through Securitize, the tokenized Treasury fund invests mainly in U.S. Treasury bills, cash and repurchase agreements, maintains a $1 net asset value and distributes daily accrued dividends subject to investor eligibility and transfer controls.

Terms & Concepts
  • tokenized Treasury fund: An investment fund holding Treasury-related assets whose ownership shares are issued and transferred on a blockchain.
  • real-world assets: Traditional financial assets, such as Treasuries or funds, represented onchain in tokenized form.
  • repurchase agreements: Short-term financing transactions in which securities are sold with an agreement to buy them back later.