The BlackRock USD Institutional Digital Liquidity Fund, commonly referred to by its ticker symbol BUIDL, represents a significant milestone in the convergence of traditional finance and digital asset innovation. As one of the first institutional-grade tokenized funds offered by BlackRock—the world’s largest asset manager—BUIDL is designed to provide institutions and qualified investors with efficient exposure to U.S. dollar-denominated digital liquidity. Built on blockchain infrastructure, this fund blends regulatory compliance, real-world assets, and 24/7 settlement capabilities.
Current Market Data for BUIDL
As of today, the live price of BlackRock USD Institutional Digital Liquidity Fund (BUIDL) stands at $1.00 USD**, maintaining a stable 1:1 peg to the U.S. dollar. The 24-hour trading volume is currently reported at **$0.0000 USD, which may reflect limited public market activity due to its institutional focus and restricted distribution model.
Despite minimal price fluctuation—showing a 0% change over the past 24 hours—BUIDL holds a notable position in the cryptocurrency landscape. It ranks #44 on major market tracking platforms, with a live market capitalization of approximately $2.86 billion USD. This valuation stems from a circulating supply of 2,858,545,079 BUIDL tokens, all fully backed by short-term U.S. Treasury holdings and cash equivalents.
Notably, there is no defined maximum supply for BUIDL, as issuance is dynamically managed based on investor demand and underlying asset backing—a hallmark of regulated tokenized funds.
👉 Discover how institutional digital assets are reshaping global finance.
Understanding BUIDL: A Tokenized Treasury Fund
At its core, the BlackRock USD Institutional Digital Liquidity Fund operates as a blockchain-based version of a traditional money market fund. Each BUIDL token represents ownership of fractional shares in a portfolio primarily composed of short-duration U.S. Treasury bills and other high-quality, liquid instruments. These assets are custodied through regulated financial institutions and undergo regular audits to ensure transparency and investor protection.
Unlike speculative cryptocurrencies such as Bitcoin or Ethereum, BUIDL is engineered for stability, yield generation, and operational efficiency. It enables near-instant settlement across borders without relying on legacy banking rails, making it particularly valuable for:
- Institutional cash management
- Cross-border corporate treasury operations
- On-chain yield strategies in decentralized finance (DeFi)
- Collateralization in lending protocols
By leveraging public blockchain networks (such as Ethereum), BUIDL brings unprecedented speed and transparency to institutional liquidity management while adhering to stringent regulatory standards set by the SEC and other global bodies.
Key Features of BUIDL
1. Regulatory Compliance
BUIDL is issued under a regulated framework, ensuring adherence to anti-money laundering (AML), know-your-customer (KYC), and securities laws. Only accredited and institutional investors can participate directly in minting or redeeming tokens.
2. Transparency & Audits
Holding disclosures are published regularly, and third-party auditors verify the fund's reserves. Investors can track underlying asset performance in real time via on-chain analytics tools.
3. Yield-Bearing Design
While BUIDL maintains a stable $1.00 value, holders earn a pro-rata share of interest generated from Treasury holdings. This yield is distributed periodically and reflects current short-term interest rates.
4. Interoperability
Being built on open blockchain standards (ERC-20 compatible), BUIDL can be integrated into various DeFi protocols, custodial platforms, and enterprise financial systems.
Global Currency Conversion for BUIDL
While priced at $1.00 USD, BUIDL’s value can be understood across major global currencies:
- 1 BUIDL = 0.88 EUR (Euro)
- 1 BUIDL = 142.7 JPY (Japanese Yen)
- 1 BUIDL = 0.82 CHF (Swiss Franc)
- 1 BUIDL = 7.35 CNY (Chinese Yuan)
- 1 BUIDL = 0.75 GBP (British Pound Sterling)
- 1 BUIDL = 85.66 INR (Indian Rupee)
- 1 BUIDL = 1,429 KRW (South Korean Won)
- 1 BUIDL = 1.39 CAD (Canadian Dollar)
- 1 BUIDL = 1,605 NGN (Nigerian Naira)
- 1 BUIDL = 5.89 BRL (Brazilian Real)
- 1 BUIDL = 1.32 SGD (Singapore Dollar)
These conversions allow international institutions to assess exposure and manage foreign exchange implications when utilizing BUIDL in cross-border transactions.
Frequently Asked Questions (FAQ)
What is the BlackRock USD Institutional Digital Liquidity Fund?
It is a tokenized fund issued by BlackRock that provides digital access to a portfolio of U.S. Treasury securities and cash equivalents. Each token (BUIDL) is pegged to $1 USD and available to institutional investors.
Is BUIDL a cryptocurrency like Bitcoin?
No. While BUIDL exists on the blockchain, it is not speculative. It functions more like a digital money market fund—offering stability, yield, and regulatory oversight rather than price volatility.
Who can invest in BUIDL?
Currently, only accredited and institutional investors who pass KYC/AML checks can participate in the primary issuance of BUIDL tokens through authorized intermediaries.
How does BUIDL generate returns?
Returns come from the interest income earned on underlying U.S. Treasury holdings. These yields are passed through to token holders after operational expenses.
Can I trade BUIDL on public exchanges?
Direct retail trading is limited. Most activity occurs over-the-counter (OTC) or within institutional platforms. Some DeFi integrations may allow indirect exposure.
Is BUIDL backed 1:1 by real assets?
Yes. Every BUIDL token is fully backed by high-quality liquid assets, primarily short-term U.S. Treasuries, verified through regular attestations.
👉 See how next-generation digital funds are transforming institutional investing.
The Future of Tokenized Assets
The launch of BUIDL signals a broader shift toward tokenized real-world assets (RWA)—a trend expected to grow into a multi-trillion-dollar market by 2025. By digitizing traditionally illiquid assets like bonds, equities, and commodities, financial ecosystems gain greater efficiency, transparency, and accessibility.
As adoption increases, we may see similar products emerge across asset classes—from real estate-backed tokens to carbon credit tokens—all operating under regulated frameworks yet powered by decentralized infrastructure.
This evolution positions blockchain not as a disruptor of traditional finance, but as an enabler—bridging old systems with new technology for better outcomes.
👉 Explore the future of asset tokenization and digital finance today.
Final Thoughts
The BlackRock USD Institutional Digital Liquidity Fund (BUIDL) marks a pivotal development in modern finance. It combines the trust of a century-old financial institution with the innovation of blockchain technology, delivering secure, transparent, and efficient digital liquidity solutions for institutions worldwide.
With strong regulatory backing, consistent yield potential, and seamless integration into both traditional and decentralized financial systems, BUIDL exemplifies how digital assets can mature beyond speculation into practical utility.
As markets continue evolving, products like BUIDL will likely become foundational components of global capital flows—ushering in a new era of programmable finance where value moves faster, clearer, and fairer than ever before.