BUIDL by BlackRock and Securitize have reached $11M in AUM on Arbitrum, becoming the second-largest tokenized asset on the network. This increase is due to the $9M from the Stable Treasury Endowment Program (STEP) that migrated its holdings from Ethereum to Arbitrum.
Data from our Arbitrum RWA Dune Dashboard: https://dune.com/entropy_advisors/arbitrum-rwa-case-study