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BlackRock strengthens tokenization push with BUIDL’s multi-chain expansion

  • BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) expands to multiple blockchain networks including Aptos, Arbitrum, Avalanche, Optimism, and Polygon.
  • The expansion strengthens BlackRock's tokenization efforts and allows easier access to BUIDL for users and applications in these blockchain ecosystems.
  • The fund offers features such as on-chain yield, flexible custody, real-time transfers, and on-chain dividend accrual and distribution.
  • BNY Mellon, the fund's administrator, supports the expansion and continues to act as custodian for the additional blockchain networks.

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