BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) has expanded its reach to multiple blockchain networks, including Aptos, Arbitrum, Avalanche, Optimism, and Polygon, according to a Nov. 13 statement.
This expansion is part of BlackRock’s strategy to strengthen its tokenization efforts, transforming BUIDL into a multi-chain asset. It enables users and applications within these blockchain ecosystems to access BUIDL more efficiently.
The fund, which primarily invests in US Treasuries, cash, and other liquid assets, will offer new users across these blockchain networks features such as on-chain yield, flexible custody, real-time peer-to-peer transfers, and on-chain dividend accrual and distribution.
Securitize CEO Carlos Domingo emphasized that the expansion aligns with the company’s vision to build a tokenization-based ecosystem. He pointed out that these new blockchains would enhance BUIDL’s potential, especially as the tokenization of real-world assets continues to
We współpracy z: https://cryptoslate.com/blackrock-strengthens-tokenization-push-with-buidls-multi-chain-expansion/
