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According to Bitcoin. com News, the asset size of BlackRock's BUIDL fund rebounded to $2.8 billion, surpassing Circle's USYC and regaining the position of the world's largest token treasury bond product. BUIDL holds 18.5% of the $15.1 billion tokenized US Treasury market share. The fund is managed by Securitize and covers Ethereum, Solana, Aptos and BNB Chain. The target net value of each token is US $1. The underlying assets include cash, short-term US treasury bond bonds and repurchase agreements, which are rated AAA mf by Moody's.