🚀 Big news in crypto! BlackRock has broadened its USD Institutional Digital Liquidity Fund (BUIDL), now tokenized by Securitize, to multiple blockchain ecosystems, including Aptos, Arbitrum, Avalanche, Optimism, and Polygon. This expansion is a major step forward for tokenization, enabling BUIDL to integrate smoothly with various blockchain-based financial products.
BUIDL has quickly become the largest tokenized fund by assets under management (AUM) within just 40 days!
It offers on-chain yield, flexible custody options, and 24/7 peer-to-peer transfers.
Management fees vary: 20 bps for Aptos, Avalanche, Polygon; 50 bps for Arbitrum, Optimism, Ethereum.
What are your thoughts on this blockchain expansion? 💬