Overview
BUIDL is blackrock’s tokenized USD institutional liquidity fund launched on Ethereum (March 2024) and later expanded across multiple networks. Often cited as the flagship U.S. tokenized cash product preceding European ICS on-chain share classes.
Recent Developments
- 2026-08: Decrypt cites BUIDL AUM >$2.6B as context for BlackRock’s first European on-chain ICS access via kinexys (2026-08-04-blackrock-europe-mmf-decrypt)