BlackRock's (@BlackRock) BUIDL fund holds $157.37 million on Aptos (@Aptos), according to Nov. 11 figures from RWA(.)xyz. Total distributed asset value on the network has reached $191.11 million, putting BUIDL at the centre of Aptos' tokenized asset base.
BUIDL Dominates Distributed Value on Aptos
On those figures, BUIDL accounts for roughly 82% of the distributed asset value on Aptos. Other institutional products make up a much smaller share. Apollo's tokenized credit fund holds $12.92 million, while Franklin Templeton's BENJI accounts for another $14.78 million.
BUIDL is the BlackRock USD Institutional Digital Liquidity Fund. CoinDesk reported that it was issued with tokenization platform Securitize, launched on Ethereum in March 2024, and expanded in November 2024 to Aptos, Arbitrum, Avalanche, Optimism's OP Mainnet and Polygon. The token is backed by short-term U.S. government bonds, and its price is anchored to $1, CoinDesk said.
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