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Avalanche rises to the top 4 RWA TVL after the BlackRock deal
Approximately 500 million USD has just been tokenized into BlackRock's BUIDL fund on the Avalanche network, helping Avalanche rise to the 4th position in the RWA TVL ranking ( of total tokenized real-world assets ) among blockchains.
According to the latest data, Avalanche currently has over 1.24 billion USD in locked RWA assets, surpassing many major competitors like Arbitrum and Solana, ranking only behind Ethereum, ZKsync Era, and Polygon.
This move reinforces the position of Avalanche as one of the leading platforms in the wave of tokenizing real assets.