BlackRock has announced the rapid expansion of its USD Institutional Digital Liquidity Fund (BUIDL), which has become the largest tokenised fund within 40 days of its launch in March 2024. Initially launched on the Ethereum blockchain, BUIDL is now accessible on six blockchains, including Aptos, Arbitrum, Avalanche, Optimism’s OP Mainnet, and Polygon. This expansion enables native interaction for users across these ecosystems. The fund, valued at $510 million, surpasses Franklin Templeton’s On-Chain U.S. Money Market Fund, which recently expanded to similar blockchain networks.