BlackRock USD Institutional Digital Liquidity Fund

BUIDL Price

About BlackRock USD Institutional Digital Liquidity Fund (BUIDL)

BlackRock USD Institutional Digital Liquidity Fund (BUIDL) is a tokenized money market fund that provides qualified institutional investors with exposure to US Treasury yields through blockchain infrastructure.

• The fund offers a digital representation of ownership in a portfolio comprised of cash, short-term US Treasury bills, and repurchase agreements.
• It aims to maintain a stable net asset value of $1.00 per token while distributing accrued interest daily to holders.
• Investors can benefit from blockchain-native settlement and liquidity through deep integration with institutional-grade digital asset infrastructure.

What Is BlackRock USD Institutional Digital Liquidity Fund

BlackRock USD Institutional Digital Liquidity Fund, often referred to by its ticker BUIDL, is a financial product that bridges traditional institutional finance with decentralized technology. The fund's primary value proposition is to provide a low-risk, yield-bearing cash equivalent that exists natively on public blockchains. Value moves through the system as investors subscribe to the fund using US Dollars or USDC, which are then invested by BlackRock into highly liquid, dollar-denominated instruments.

The token is put to work as a cash management tool for institutional treasuries and as high-quality collateral within the digital asset ecosystem. As the ecosystem grows, the fund scales by expanding its availability across multiple blockchain networks, including Ethereum, Solana, and Polygon, allowing for broader institutional participation and interoperability. Yield generated from the underlying assets is credited to holders addresses through a rebase mechanism, effectively increasing the quantity of tokens held by the investor while maintaining the stable price peg.

What Makes BlackRock USD Institutional Digital Liquidity Fund Unique

• Institutional Pedigree: It is the first tokenized fund launched by BlackRock, the world's largest asset manager, providing a level of institutional trust and regulatory rigor distinct from many other on-chain assets.
• USDC Liquidity Facility: Through a partnership with Circle, the fund features a specialized liquidity facility that enables near-instant conversion between BUIDL tokens and USDC, providing 24/7 liquidity.
• Multi-Chain Deployment: The fund is accessible across a wide range of Layer 1 and Layer 2 networks, ensuring broad accessibility for diverse institutional infrastructures.
• Direct Yield Distribution: Unlike traditional funds that may require manual distribution cycles, BUIDL uses tokenization to automate daily dividend accrual and monthly payouts directly to whitelisted digital wallets.

What Can You Use BlackRock USD Institutional Digital Liquidity Fund for?

BlackRock USD Institutional Digital Liquidity Fund is pegged to the US Dollar.

• Value retention: The asset allows users to hold a digital, on-chain representation of the US Dollar backed by government-guaranteed securities, which may reduce exposure to broader crypto-market volatility.
• Yield generation: The fund generates yield from its underlying portfolio of short-term US Treasury bills and repurchase agreements, with returns distributed monthly as additional BUIDL tokens.
• Cross-border settlement / value transfer: It leverages blockchain-native settlement to facilitate efficient, transparent, and frictionless cross-border transfers of US Dollar value between qualified participants.
• Collateralization: The fund is designed to be used as high-quality collateral in institutional borrowing and lending protocols or as margin for regulated derivative markets.

How Does BlackRock USD Institutional Digital Liquidity Fund Work?

BlackRock USD Institutional Digital Liquidity Fund operates as an ERC-20 rebase token on Ethereum and other compatible networks. When the underlying tokenized treasuries generate interest, the smart contract infrastructure automatically calculates the daily accrual. This interest is then distributed to holders by increasing the total supply of tokens in their wallets—a process known as rebasing—which keeps the value of each individual token at $1.00.

The system relies on a strictly controlled whitelist; only addresses that have passed rigorous KYC (Know Your Customer) and AML (Anti-Money Laundering) checks through Securitize can hold or transfer the tokens. Management of the fund's assets is handled by BlackRock Financial Management, while Bank of New York Mellon serves as the custodian. Investors pay protocol service fees for the management and administration of the fund, ensuring the operational integrity and regulatory compliance of the tokenized shares.

Team Info and Investors

The fund is managed by BlackRock Financial Management, Inc., a subsidiary of BlackRock, Inc., the global investment management corporation. The tokenization infrastructure and transfer agency services are provided by Securitize, a leader in the digital securities space. Bank of New York Mellon (BNY Mellon) acts as the fund's custodian, providing institutional-grade storage for the underlying assets. The fund is primarily geared toward qualified institutional investors, including asset managers, corporations, and family offices, rather than the general retail public.

Where can you buy BlackRock USD Institutional Digital Liquidity Fund?

BUIDL tokens have stopped trading - ago on all exchanges listed on CoinGecko. Information will be updated if market activity resumes.

What is the daily trading volume of BlackRock USD Institutional Digital Liquidity Fund (BUIDL)?

The 24 hour trading volume of BlackRock USD Institutional Digital Liquidity Fund (BUIDL) is $0 which signals a drop in market activity. If you own BUIDL tokens, liquidity of the token is likely to be low. Proceed with caution. You may explore CoinGecko’s list of most traded cryptos for coins with higher liquidity.

What is the highest and lowest price for BlackRock USD Institutional Digital Liquidity Fund (BUIDL)?

BlackRock USD Institutional Digital Liquidity Fund (BUIDL) reached an all-time high of $1.00 and an all-time low of $1.00. It’s now trading 0.00% below that peak and 0.00% above its lowest price.

What is the market cap of BlackRock USD Institutional Digital Liquidity Fund (BUIDL)?

Market capitalization of BlackRock USD Institutional Digital Liquidity Fund (BUIDL) is $2,417,620,191 and is ranked #38 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of BUIDL tokens (2.4 Billion tokens are tradable on the market today).

What is the fully diluted valuation of BlackRock USD Institutional Digital Liquidity Fund (BUIDL)?

The fully diluted valuation (FDV) of BlackRock USD Institutional Digital Liquidity Fund (BUIDL) is $2,417,620,191. This is a statistical representation of the maximum market cap, assuming the maximum number of 2.4 Billion BUIDL tokens are in circulation today. Depending on how the emission schedule of BUIDL tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of BlackRock USD Institutional Digital Liquidity Fund compare against its peers?

With a price increase of 0.00% in the last 7 days, BlackRock USD Institutional Digital Liquidity Fund (BUIDL) is outperforming the global cryptocurrency market which is down -5.00%, while outperforming when compared to similar Polygon Ecosystem cryptocurrencies which are up 0.00%.

How to add BlackRock USD Institutional Digital Liquidity Fund (BUIDL) to MetaMask?

Adding BlackRock USD Institutional Digital Liquidity Fund (BUIDL) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import BUIDL as a token. You can copy BUIDL’s contract address (0x7712c34205737192402172409a8f7ccef8aa2aec) and import it manually, or if you've installed MetaMask's chrome extension, add BUIDL to MetaMask with one click on CoinGecko.

Add BUIDL to MetaMask.