Data shows that BlackRock’s tokenized money market fund BUIDL has surpassed $900 million in assets under management (AUM) on the Avalanche network. Over the past week, it grew by about $436 million, an increase of roughly 105%. Launched in March 2024, BUIDL now has a total size of about $2.87 billion, making it one of the largest on-chain tokenized U.S. Treasury funds globally.

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