"Moody’s reported that the fund now manages approximately $2.58 billion in assets. The rating indicates that the fund has a high capacity to preserve capital and maintain liquidity. Moody's applied the same methodology used for legacy funds to evaluate BUIDL's credit profile and operational structure. This classification places the tokenized fund on the same risk level as the most secure traditional money market instruments."
"The AAA-mf rating signals that tokenized Ethereum assets now meet the highest institutional safety standards. Following the BUIDL and Fidelity FILQ ratings, the $15 billion tokenized debt market expects further expansion. The agency issued a AAA-mf rating to the fund, also known as BUIDL, on or around May 13, 2026. This classification places the tokenized fund on the same risk level as the most secure traditional money market instruments."
"BUIDL invests in short-term U.S. Treasuries, reverse repurchase agreements, and cash equivalents. It maintains a $1 net asset value and pays out daily yield directly to investor wallets. Operating on the Ethereum blockchain, BUIDL has seen steady growth since its March 2024 launch. Securitize, which handles tokenization for the fund, confirmed the rating via social media."
"This update comes at the same time as Moody's rated Fidelity's Ethereum-based USD Liquidity Fund at the highest Aaa-mf level. Fidelity's fund, known as FILQ, also received the top rating. Both products offer institutional investors exposure to U.S. Treasury yields through blockchain-based tokens. The AAA-mf rating is expected to help conservative institutions, such as pension funds, satisfy internal requirements for asset safety."
Moody’s assigned a AAA-mf rating to BlackRock’s BUIDL tokenized Ethereum fund, which manages about $2.58 billion in assets. The AAA-mf rating indicates the fund meets the highest institutional safety standards for capital preservation and liquidity, matching the risk level of the most secure traditional money market instruments. The rating was issued around May 13, 2026, using the same methodology applied to legacy funds to evaluate credit profile and operational structure. BUIDL invests in short-term U.S. Treasuries, reverse repurchase agreements, and cash equivalents, maintains a $1 net asset value, and pays daily yield to investor wallets. The tokenized U.S. government debt market has grown from $1 billion to over $15 billion in two years, with BUIDL representing about 15% of the sector.
Read at news.bitcoin.com
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