According to 21Shares’ Dune dashboard, BlackRock, the asset management giant, has launched its first tokenized fund, BUIDL, which has surpassed Franklin Templeton’s FOBXX, launched a year ago, in less than six weeks. In addition, the TVL of the RWA protocol is approaching $8 billion.
BlackRock's BUIDL Surpasses Franklin FOBXX in Market Value Within Six Weeks, Now the World's Largest Tokenized Fund