The BlackRock USD Institutional Digital Liquidity Fund (BUIDL) represents a significant bridge between traditional finance and the digital asset ecosystem. As a tokenized fund, it aims to provide institutional-grade liquidity and yield-generation opportunities on the blockchain. This guide offers a detailed look at its price performance, key metrics, and essential information for interested observers.
Understanding BUIDL: A Tokenized Fund
BUIDL is not a traditional cryptocurrency like Bitcoin or Ethereum. It is a digital representation of shares in a fund managed by BlackRock, the world's largest asset manager. Each BUIDL token is designed to be equivalent to one US dollar and seeks to pay daily accrued dividends directly to investors' wallets each month. Its primary goal is to offer a stable value product that leverages blockchain technology for transparency and efficiency, primarily targeting institutional investors.
Recent BUIDL Price Performance in INR
As of the latest data, the price of BUIDL is ₹85.97. Over the past 24 hours, it has experienced a slight decrease of -0.44%, equivalent to a price change of approximately -₹0.3809.
Key 24-hour statistics:
- 24h Low / 24h High: ₹85.89 - ₹86.35
- Market Cap: ₹2,47,93,84,59,675
- Market Cap Change (24h): -0.57% (approximately -₹1,41,61,62,814)
- Fully Diluted Valuation (FDV): ₹2,47,93,84,59,675
Historical Price Data Overview
Tracking historical data helps in understanding the fund's stability and market behavior. The following table summarizes recent daily performance.
| Date | Price (INR) | Market Cap (INR) |
|---|---|---|
| 23/06/2025 | ₹86.35 | ₹2,49,35,46,22,489 |
| 22/06/2025 | ₹86.58 | ₹2,50,35,74,04,966 |
| 21/06/2025 | ₹86.60 | ₹2,50,41,82,44,485 |
| 20/06/2025 | ₹86.60 | ₹2,50,41,82,44,485 |
| 19/06/2025 | ₹86.74 | ₹2,51,13,16,53,199 |
| ️18/06/2025 | ₹86.61 | ₹2,50,77,36,47,717 |
| 17/06/2025 | ₹86.36 | ₹2,50,42,98,44,499 |
This data shows that BUIDL is designed for minimal price fluctuation, maintaining a tight range close to its $1 peg, as reflected in the Indian Rupee conversion.
Key Metrics and Their Meanings
Understanding market terminology is crucial for interpreting the data around any digital asset.
- Circulating Supply: This refers to the number of BUIDL tokens currently available and in public hands for trading. For BUIDL, this is directly tied to the assets under management in the fund.
- Market Capitalization: Calculated as
Current Price x Circulating Supply, it represents the total perceived market value of all circulating BUIDL tokens. - Fully Diluted Valuation (FDV): This metric represents the theoretical market cap if the entire maximum supply of tokens were in circulation. For BUIDL, the FDV is currently equal to its market cap, indicating all tokens meant to be in supply are already circulating.
- Volume: Trading volume indicates how much of the asset was traded in the last 24 hours. High volume can suggest strong investor interest and liquidity.
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The Role of Tokenized Funds in the Digital Economy
Tokenized funds like BUIDL are pioneering a new chapter in finance. They bring the benefits of blockchain—such as 24/7 settlement, enhanced transparency, and reduced operational friction—to traditional investment products. This innovation allows investors to earn yield on U.S. dollar assets while holding a token on a public blockchain, merging the stability of fixed income with the efficiency of digital assets.
Frequently Asked Questions
What exactly is the BlackRock BUIDL fund?
The BlackRock USD Institutional Digital Liquidity Fund (BUIDL) is a tokenized fund that invests in cash, U.S. Treasury bills, and repurchase agreements. Each token is designed to maintain a stable value of $1 and distributes dividends to token holders, representing a new model for blockchain-based securities.
How is the BUIDL token price maintained?
The price is maintained through the fund's underlying assets, which consist of highly liquid and stable U.S. dollar-denominated securities. The fund's structure and arbitrage mechanisms are designed to keep its market price closely aligned with its net asset value (NAV) of $1.
Is BUIDL available for retail investors in India?
Currently, BUIDL is primarily aimed at institutional investors. Access for retail investors in India or elsewhere would depend on local regulations, the platforms offering the token, and their specific accreditation requirements. Always consult with a financial advisor.
Why does the price in INR fluctuate if it's pegged to $1?
The fund's value is pegged to the US dollar. Therefore, any price fluctuation when quoted in Indian Rupees (INR) primarily reflects changes in the USD/INR foreign exchange rate, not the underlying value of the BUIDL token itself.
Where can one track the live price of BUIDL?
Live prices, historical charts, and key metrics for digital assets like BUIDL are typically available on major cryptocurrency data aggregators and financial market data platforms that cover tokenized securities.
What are the main benefits of a tokenized money market fund?
The main benefits include potential operational efficiency, faster settlement times, increased transparency through blockchain record-keeping, and the ability to earn yield on a stable-value asset that is natively digital and programmable.