BlackRock's (@BlackRock) BUIDL fund holds $157.37 million on Aptos (@Aptos), based on November 11 data from RWA(.)xyz. Total distributed asset value on the network has reached $191.11 million, with BUIDL at the core of Aptos' tokenized asset base.
BUIDL Leads Distributed Value on Aptos
By those figures, BUIDL represents about 82% of the distributed asset value on Aptos. Other institutional products account for a far smaller slice. 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 it was issued with the tokenization platform Securitize, first 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, with its price pegged to $1, CoinDesk said.
The fund targets institutional investors. Bybit's educational guide says the minimum investment is $5 million and the fund is open to Qualified Purchasers.
Aptos Expands Its Real-World Asset Footprint
The latest numbers follow a stretch of growth in tokenized assets on Aptos. Citing RWA(.)xyz data, Cointelegraph reported that RWA deployments on the network rose 57.1% over 30 days to $542.3 million, placing Aptos among the top three blockchains for such assets, behind Ethereum and ZKsync Era. It named Berkeley Square of the PACT Consortium, BlackRock's BUIDL and Franklin Templeton's BENJI as the network's largest issuers.
The figures cited here rely on different measures and dates. The $191.11 million total refers to distributed asset value, while the earlier Cointelegraph figure covers a broader set of RWA deployments reported at the time.
Large asset managers have shown growing interest in tokenized real-world assets. BlackRock, Franklin Templeton and Apollo now all have live tokenized products, with BENJI and BUIDL among the most prominent. As a result, chains such as Aptos are competing to host these funds, and data providers such as RWA(.)xyz are used to track their progress.
Sources
CoinDesk: BlackRock Extends Tokenized Fund BUIDL Beyond Ethereum to 5 New Blockchains
Cointelegraph: Aptos Becomes Top 3 Blockchain for RWA
Bybit Learn: BlackRock's BUIDL, A Guide to Tokenized Yield-Bearing Funds
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