BlackRock’s BUIDL regains top spot in tokenized U.S. Treasury fund market

BlackRock’s BUIDL has regained the top market share position in the tokenized U.S. Treasury fund market from Circle’s USYC, Crypto Briefing reported. Crypto Briefing said BUIDL recently posted about $2.8 billion in assets under management, widening its lead over other tokenized U.S. Treasury funds. Over the same period, the overall tokenized U.S. Treasury market grew to $16 billion from $15 billion, while Ondo and Franklin Templeton also expanded their presence. Despite growth by rival products, BUIDL’s $2.8 billion in AUM and market share remain significant, according to the outlet.