As Blackrock’s BUIDL Makes $463 Million in Gains in Eight Days, Tokenized Treasuries Reach $4.77 Billion
As Blackrock’s BUIDL Makes $463 Million in Gains in Eight Days, Tokenized Treasuries Reach $4.77 Billion
In only eight days, Blackrock’s USD Institutions Digital Liquid Fund (BUIDL) grew by $463 million. Since the first week of the month of March encoded U.S. Government funds have grown by $720 million.
Tokenized Treasury Funds—566% Growth in 12 Months
Tokenized Government funds have become a major player after rising 566% in value last year. Since March 2024, the market for digital Treasuries has grown from $716 million to $4.77 billion. The industry has increased $720 million since March 4, 2025, indicating its acceleration.
BUIDL, distributed by Securitize, has been a key driver of this transformational movement. Just over eight weeks ago, Bitcoin.com News reported that BUIDL’s holdings reached $1.004 billion. On March 22, the fund’s value rose $463 million to $1.467 billion.
Hashnote’s Short Span Yield Coin (USYC) fund, the runner-up, had $868 million in AUM eight days ago but has already lost $84 million. Around $784 million is USYC’s AUM this weekend. Following our March 14 report, Franklin Templeton’s Onchain American Government Currency Fund has not fluctuated.
Ondo’s U.S. Dollar Yield (USDY) and Superstate’s Short Duration United States Government Securities Fund (USTB) both rose in March, energizing the industry. Ondo’s fund rose from $563 million to 593 million dollars and Superstate’s USTB from a value of $310 million to $393 mm. Blockchain’s potential to simplify settlement and redemption has attracted a rising amount of money into this industry, which shows no signs of diminishing.
