The Token of World Giant BlackRock, Bringing a Rise in Altcoins, Exceeded the 500 Million Threshold!

BUILD token, issued by BlackRock, one of the world's largest asset managers, in partnership with Securitize, exceeded the market value of 500 million dollars on the Ethereum network.

BlackRock's BUILD tokenized fund, launched on the Ethereum network and backed by the US treasury, has raised over $500 million. BUILD was recorded as the first tokenized treasury product to reach such a level just 4 months after its launch in March.

The fund in question includes products such as dollars and US treasury bonds.

BUILD token, issued by BlackRock, one of the world's largest asset managers, in partnership with Securitize, exceeded the market value of $ 500 million on the Ethereum network.

BlackRock's BUILD tokenized fund, launched on the Ethereum network and backed by the US treasury, has raised over $500 million. BUILD was recorded as the first tokenized treasury product to reach such a level just 4 months after its launch in March.

The fund in question includes products such as dollars and US treasury bonds.

Carlos Domingo, CEO of Securitize, where BlackRock co-produced BUILD, made the following statements:

BUIDL remains the foundational tokenized asset for many other innovative RWA products to be built upon.

The overall tokenized treasury market, including BUIDL, has more than doubled this year, from $780 million in January to $1.8 billion as of June 7, according to rwa.xyz, a data provider on real-world assets (RWA).

Stay tuned for new information