BlackRock’s BUIDL token, a tokenized U.S. Treasury fund, achieved a $2 billion market cap on August 18, 2025, cementing its leadership in the RWA Token space.
Available on Ethereum and Solana through Wormhole’s interoperability, BUIDL offers investors stable returns backed by government securities, appealing to risk-averse institutions. A $1 billion investment from Spark Capital this week fueled its growth, reflecting strong demand for tokenized treasuries.
BUIDL’s success showcases the power of RWA Tokens to deliver transparent, 24/7 trading, though regulatory complexities in cross-border compliance remain a hurdle. The token’s rise signals a shift toward mainstream adoption of tokenized financial assets.
