BlackRock BUIDL Fund's Ethereum Investments Surpass $1 Billion

According to Odaily, data from Token Terminal reveals that BlackRock's BUIDL Fund has deployed over $1 billion on the Ethereum blockchain, currently reaching approximately $1.145 billion. The BUIDL Fund focuses on tokenized real-world assets (RWA) and diversifies its investments across chains such as Avalanche, Polygon, Aptos, Arbitrum, and Optimism, with Ethereum remaining its core allocation. Additionally, Nansen's analysis indicates a significant increase in Ethereum holdings since March 12, 2024. Addresses holding between 1,000 and 10,000 ETH have grown by 5.65%, while those holding between 10,000 and 100,000 ETH have surged by 28.73%.