BlackRock Expands BUIDL Fund to Five New Blockchains, Enhancing Accessibility
BUIDL’s Cross-Chain Expansion Drives Innovation and Access for Blockchain Developers
Diverse Blockchain Integrations Enable Broader Investor Access to On-Chain Yields
BlackRock is expanding its crypto footprint by launching new share classes of the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) on five different blockchain ecosystems: Aptos, Arbitrum, Avalanche, Optimism’s OP Mainnet, and Polygon. The fund’s initial debut on Ethereum in March 2024 was already a strategic step to strengthen BlackRock’s role in the growing tokenization market.
By integrating these diverse chains, BUIDL will offer increased accessibility and utility for investors, decentralized organizations, and blockchain-native firms. This expansion not only highlights BlackRock’s commitment to innovation but also allows developers and users to leverage BUIDL’s offerings across leading blockchain ecosystems.
Enhanced Accessibility Across Multiple Blockchains
Each of the selected blockchains has unique strengths that contribute to the BUIDL ecosystem.
Aptos, a next-generation Layer 1 blo…
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