Global asset management giant #BlackRock has expanded its tokenized bond fund, the BlackRock USD Institutional Digital Liquidity Fund ( #BUIDL ), across five new blockchain platforms. Securitize, the issuer of BUIDL, announced on November 15 that it will be deploying BUIDL on Aptos($APT ) , Arbitrum($ARB ), Avalanche($AVAX ), Optimism($OP), and Polygon($POL) blockchains.

Ondo Finance will support real-time withdrawals and settlements for the fund as part of this expansion. Launched in March on the #Ethereum network, BUIDL has grown to a market capitalization of $544 million, positioning it as the largest tokenized fund in terms of market value and giving it a lead of over 15% against its competitor, USDY.