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BlackRock’s BUIDL Fund to Expand to New Blockchains Like Aptos, Avalanche and More

  • BlackRock's USD Institutional Digital Liquidity Fund (BUIDL) has expanded to multiple blockchains, including Aptos, Arbitrum, Avalanche, Optimism, and Polygon, to boost accessibility and support its multi-chain tokenisation strategy.
  • BUIDL offers features such as on-chain yield, dividend accrual, and near-instant peer-to-peer transfers, enabling broader access for investors, DAOs, and digital asset firms.
  • BNY Mellon serves as the custodian and administrator for BUIDL across all platforms, ensuring consistent oversight and management.
  • BUIDL has seen impressive growth, becoming the largest tokenized fund by assets under management within its first 40 days.

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