On March 20, 2024, BlackRock launched the BUIDL fund—the first tokenized fund issued by the world's largest asset manager on a public blockchain.
It was the first clear signal that something is changing.
✨ Today, BUIDL manages over $2.2 billion in assets across six blockchains, making it one of the two largest tokenized U.S. Treasury products alongside Circle's USYC.
✨ The RWA market has already grown to over $31 billion, surpassing the total TVL of decentralized exchanges for the first time.
BlackRock CEO Larry Fink even compared tokenization to the early days of the internet:
Tokenization is at a stage similar to the internet in 1996, and while this technology is still in its formative stage, it has the potential to fundamentally reshape the way global markets operate.
But things aren't as good as they may seem at first glance.
BUIDL offers 3–5% APY, while the minimum investment is $5,000,000, making it available only to institutional investors.
🤩 We work a similar way by combining real-world assets, cash flow, and blockchain infrastructure. The difference is that the minimum investment starts at just 100 USDC, while the expected return ranges from 19 to 25% APR instead of 3–5% APY.
BlackRock leads the way. We make it accessible.