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BlackRock Taps Polygon for Blockchain Expansion

  • BlackRock has expanded its tokenized fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), to five additional blockchain networks including Polygon.
  • As of March 2025, BlackRock's assets under management on Polygon have surpassed $30 million.
  • Polygon plays a crucial role as the infrastructure layer for BlackRock's BUIDL program, providing scalability and lower transaction fees compared to Ethereum's mainnet.
  • BlackRock's expansion on Polygon strengthens institutional adoption of tokenized assets, offering on-chain yield opportunities, flexible custody solutions, and seamless on-chain dividend accrual and distribution.

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