BUILD arrives at Solana! BlackRock revolutionizes the tokenization of real-world assets
#BlackRock y Securitize have announced the expansion of #build to the blockchain of #solana , marking a milestone in the institutional adoption of tokenized real-world assets (RWA).
This decision is based on the high-performance capabilities, low costs, and scalability of Solana, which makes it the ideal platform to support institutional-level RWA.
Tokenized Treasury bonds have reached a record of $5 billion, with BUIDL surpassing $1.7 billion in assets under management (AUM), establishing itself as the largest tokenized Treasury bond fund in the world.
“In the year since the launch of BUIDL, we have experienced significant growth in demand for tokenized real assets, which reinforces the value of incorporating institutional-quality products on the blockchain,” said Carlos Domingo, co-founder and CEO of Securitize. “As the RWA and tokenized Treasury bond market gains momentum, the expansion of BUIDL to Solana, a blockchain known for its speed, scalability, and cost-effectiveness, is the next natural step.”