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.