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BlackRock’s BUIDL Expands to Solana as Market Cap Nears $2B

  • BlackRock's tokenized money market fund, BUIDL, expands to Solana blockchain as market cap reaches $1.7B and aims to hit $2B.
  • Integration with Solana blockchain enhances accessibility and expands investor reach for BUIDL.
  • BUIDL is a leading tokenized U.S Treasury product with 34% market share and has seen 240% increase in market cap since 2024.
  • BlackRock aims to transform traditional finance through blockchain technology and manages $11.6 trillion client assets, establishing a strong presence in the digital asset market.

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