BlackRock’s BUIDL tokenized fund surpasses $552 million in assets

BlackRock’s BUIDL tokenized fund, distributed through Securitize, reached approximately $552.4 million in assets under management as of September 22. The fund targets qualified institutional investors and provides onchain access to a portfolio centered on cash and U.S. Treasury-style assets. While often discussed alongside stablecoins, BUIDL operates as a regulated fund structure with restricted access and compliance requirements similar to traditional securities markets.