BUIDL invests 100% of assets in cash, US Treasury bills and repurchase agreements, targeting a stable $1.00 NAV with daily accrued dividends paid monthly in-kind as new tokens. Issued through Securitize with BNY Mellon as custodian of fund assets, BUIDL settles 24/7 on-chain and anchors collateral infrastructure across institutional DeFi.
The flagship institutional tokenized treasury fund, from the world's largest asset manager.
Prism analyst note
BUIDL is the institutional benchmark for tokenized cash. Credit risk is negligible (T-bills and repo, custodied at BNY Mellon), and the dominant considerations are operational: whitelist-gated transfers, a $5M minimum, and reliance on Securitize infrastructure. Its scale and integrations (USDtb backing, exchange collateral programs) make it the most systemically embedded RWA token in existence. For eligible institutions it functions as yield-bearing settlement collateral rather than a trading asset: the price does not move; the position accrues.
Generated from issuer disclosures and reviewed against the sources listed below. Not investment advice.
Prism read this token's contract directly on its chain and confirmed the figures the issuer publishes.
- What was checked
- Prism read this token's contract on Ethereum and confirmed the symbol, decimals, and supply the issuer publishes.
- Source
- Securitize
- Last verified
- Jan 10, 2026
- Token contract
- 0x7712…2aec
- Custody
- BNY Mellon (fund assets)
Structure & compliance
Documents & disclosures
Frequently asked
Why does the price never change?+
BUIDL targets a stable $1.00 NAV. Yield is distributed monthly as additional tokens rather than price appreciation.











