Overview
- RWA.xyz data reported on Sunday, July 12, 2026 shows BlackRock’s BUIDL allocation on the Avalanche blockchain rose about 105% in one week to roughly $902.7 million.
- The Avalanche surge helped lift BUIDL’s total on‑chain assets to about $2.87 billion, with Ethereum remaining the largest deployment and Solana in third place.
- BUIDL is a tokenized U.S. Treasury money‑market fund launched with Securitize that issues on‑chain fund shares to qualified investors, targets a $1 per‑token value, and pays daily accrued dividends.
- The rapid, concentrated inflow appears to come from a small set of approved holders rather than many new wallets, and BlackRock and Securitize have not disclosed the specific investors or whether funds moved on‑chain or arrived as new subscriptions.
- Market watchers say the move reinforces a broader trend of institutional adoption of tokenized Treasuries, boosts Avalanche’s appeal for lower fees and faster settlement, and occurs as the overall tokenized Treasury sector grows into the multi‑billion dollar range.