BlackRock’s BUIDL returns to the top of tokenized Treasury rankings at $2.8 billion

BlackRock’s BUIDL tokenized Treasury fund has regained the top spot among tokenized Treasury products, with RWA.xyz’s asset dashboard showing about $2.8 billion in assets under management. The figure places BUIDL ahead of other tokenized U.S. Treasury products tracked in the same market segment.

The dashboard lists BUIDL at roughly $2.7 billion to $2.8 billion in total assets, depending on the print, and identifies it as the largest tokenized U.S. Treasury product. That marks a return to the lead position after a period in which another issuer had overtaken it.

The latest reading reinforces BUIDL’s position as one of the largest tokenized Treasury products in circulation. The fund has continued to operate across blockchain networks and institutional platforms, but the dashboard data only confirms its current size and ranking, not any specific driver behind the change.

Tokenized Treasury products have become a closely watched corner of the crypto market because they combine traditional short-term government debt with blockchain-based ownership records. In this case, the main development is straightforward: BUIDL is back at the front of the pack, at least according to the asset data currently shown on the dashboard.