[BlackRock's On-Chain Tokenized Asset Scale Reaches $2.93 Billion, BUIDL Accelerates Expansion to Multi-Chain Ecosystem] BlockBeats News, July 14: The on-chain asset management scale of BlackRock's institutional U.S. Dollar Digital Liquidity Fund, BUIDL, has reached approximately $2.93 billion, continuously setting new historical highs, reflecting the growing demand from institutional investors for tokenized U.S. Treasury products. Currently, BUIDL has been deployed on multiple public chains, including Ethereum, Avalanche, and Solana, with tokenization issuance handled by Securitize and custody provided by BNY Mellon. Data shows that Ethereum remains the largest deployment network for BUIDL, with a locked asset scale exceeding $1 billion. Avalanche has seen the fastest recent growth, with its asset scale doubling in a single week in July to approximately $900 million. Meanwhile, Solana's on-chain scale has surpassed $550 million. Reports indicate that BUIDL primarily invests in U.S. Treasuries, repurchase agreements, and cash equivalents, maintaining a net asset value of $1 per share and offering an annualized yield of approximately 3%-5%. As more DeFi protocols adopt BUIDL as collateral and a liquidity asset, its application scenarios are expanding from institutional cash management to on-chain financial infrastructure. Market analysis suggests that BUIDL's rapid expansion is becoming a significant case study in the integration of traditional finance and blockchain, driving the continued development of the global tokenized real-world asset (RWA) market.