01 /
Brief
World's largest asset manager, $13.9T AUM (Q1 2026). BUIDL pioneered the tokenized treasury category. Now ~$2B AUM at 18% market share after Circle's USYC overtook in January 2026. Live on Ethereum, Avalanche, Arbitrum, Aptos, BNB Chain, Optimism, Polygon, and Solana. Tradable on Uniswap, accepted as collateral on Binance, reserve asset in Ethena's USDtb stack.
02 /
Snapshot
Key terms and identifiers.
- Asset classes
- Treasuries
- Regulatory
- sec-reg-d, sec-spot-etf, dtcc-settlement-2026
- Jurisdiction
- US
03 /
Milestones
How this player got here.
- Feb 2026BUIDL tradable on Uniswap via approved market makers
- Jan 2026Overtaken by Circle's USYC as largest tokenized treasury fund
- Nov 2025BUIDL launched on BNB Chain and accepted as Binance institutional collateral
- Jan 2025BUIDL crosses $1B AUM
- Jul 2024Spot Ethereum ETF approved
- Mar 2024BUIDL tokenized fund launched
- Jan 2024Spot Bitcoin ETF approved (iShares)
04 /
Connections
Who they build with, build on, integrate with.
Dependency
Where this player builds on, integrates, or relies on others.
- SecuritizeIntegratesIssuance partner
- AvalancheBuilds on
- EthereumBuilds onPrimary chain
- SolanaBuilds on
- AptosBuilds on
- ArbitrumBuilds on
- PolygonBuilds on
- OptimismBuilds on
- BNB ChainBuilds on
- CoinbaseCustodiesBUIDL custody partner
- UniswapIntegratesBUIDL trading via UniswapX
- BinanceIntegratesBUIDL off-exchange collateral
- ChainlinkIntegratesNAV data + CCIP cross-chain
- CircleIntegratesUSDC reserve manager
- FireblocksIntegratesBUIDL custody infrastructure
- RippleIntegratesRLUSD off-ramp for BUIDL
