The fund is aimed at institutional investors. Bybit’s educational guide says the minimum investment is $5 million and the fund is open to Qualified Purchasers.
Aptos Builds Out Its Real-World Asset Presence
The latest figures follow a period of growth in tokenized assets on Aptos. Cointelegraph reported, citing RWA(.)xyz data, that RWA deployments on the network grew 57.1% over 30 days to $542.3 million, placing Aptos among the top three blockchains for such assets behind Ethereum and ZKsync Era. It named Berkeley Square of the PACT Consortium, BlackRock’s BUIDL and Franklin Templeton’s BENJI as the largest issuers on the network.
The figures cited here use different measures and dates. The $191.11 million total refers to distributed asset value, while the earlier Cointelegraph figure covers a broader set of RWA deployments reported at the time.
Tokenized real-world assets have drawn growing interest from large asset managers. BlackRock, Franklin Templeton and Apollo all now have live tokenized products, with BENJI and BUIDL among the most prominent examples. As a result, chains such as Aptos are competing to host these funds, with figures from data providers such as RWA(.)xyz used to track their progress.
Sources
CoinDesk: BlackRock Expands Tokenized Fund BUIDL Beyond Ethereum to 5 New Blockchains
Cointelegraph: Aptos Becomes Top 3 Blockchain for RWA
Bybit Learn: BlackRock’s BUIDL, A Guide to Tokenized Yield-Bearing Funds