Blackrock extends Buidl to aptos, arbitrum and optimism

• Blackrock has announced that his tokenized US state bond fund is now also available on other chains.
• The company has grown beyond Ethereum and the Blackrock USD Institutional Digital Liquidity Fund (Buidl) is now represented on aptos, avalanche, arbitrum, polygon and optimism.

Blackrock has expanded its tokenized US state bond fund beyond Ethereum and added support for several blockchain networks.

in a Announcement On November 13, the asset manager announced that his Blackrock USD institutional digital liquidity find (Buidl) is now accessible via aptos (apt), avalanche (Avax), Arbitrum (Arb), Polygon (pol) and Optimism (op).

This means that investors Buidl, the tokenized fund, which was launched in March 2024 and published by the Real World Asset tokenization provider Securitize, can explore on other chains as Ethereum.

🌐 Blackrock leads new Buidl share classes over several blockchains

We are pleased to be able to tell you that the @Blackrock The USD institutionally institutionally found everywhere @APTOS , @arbitrum , @AVax , @optimism and @0xpolygon . This multi -chain ... pic.twitter.com/lgsnubvejc

- legitimate (@securitize) 13. November 2024

Blackrock will introduce new proportions from Buidl in the five networks, which offer native interaction and almost real -time access all year round. In addition to other crypto-native companies, investors and decentralized autonomous organizations are likely to benefit from this.

Carlos Domingo, CEO and co -founder of Securitize, commented:

"The tokenization of real assets increases and we are pleased that these blockchains are added to increase the potential of the Buidl ecosystem. With these new chains we will see more investors to use the underlying technology to increase the efficiency of all the things that were so far difficult to achieve."

Buidl from Blackrock has developed into the world's largest tokenized fund according to managed assets.

According to the information from rwa.xyz The global rwa-on-chain-market amounts to over 13 billion US dollar. According to the market data, there are around $ 2.3 billion in tokenized government bonds dominated by Blackrock. The Buidl fund currently accounts for $ 521 million of this market and thus lies ahead of Ondo US Dollar Yield with a managed assets of $ 451 million.