• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

BUIDL’s Cross-Chain Expansion Drives Innovation and Access for Blockchain Developers

user avatar

by Giorgi Kostiuk

2 years ago

BlackRock is expanding its crypto presence by launching new share classes of the BUIDL fund across five blockchain ecosystems.

Expansion to Five Blockchains

BlackRock has announced the expansion of its USD Institutional Digital Liquidity Fund (BUIDL) to five new blockchains: Aptos, Arbitrum, Avalanche, OP Mainnet Optimism, and Polygon. This move aims to strengthen the company's role in the growing tokenization market.

Enhancing Accessibility and Innovation

By integrating with these diverse chains, BUIDL offers increased accessibility and utility for investors, decentralized organizations, and blockchain-native firms. BlackRock remains committed to innovation, enabling developers and users to leverage BUIDL's offerings across leading blockchain ecosystems.

Importance of Diverse Integrations

Diverse blockchain integrations enable broader investor access to on-chain yields. Each selected platform has unique strengths that contribute to the BUIDL ecosystem, making it more efficient and accessible.

The expansion of BUIDL to five blockchains demonstrates BlackRock's commitment to innovation and opening new opportunities for investors and developers.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

ONDO Achieves Major Milestone with $1 Billion in Total Value Locked

chest

ONDO Global Markets has surpassed $1 billion in total value locked within just eight months of its launch, establishing itself as a leader in the tokenized equity market.

user avatarLuis Flores

SEC's New Framework Could Revolutionize Tokenized Stocks

chest

The US SEC is reportedly preparing a framework that could allow tokenized versions of stocks to trade on crypto platforms, potentially reshaping the stock market.

user avatarArif Mukhtar

Solana Faces Resistance in Parallel Channel

chest

Analyst Ali Martinez discusses Solana's recent price movements and the formation of a Parallel Channel.

user avatarMaria Gutierrez

KB Financial Launches Successful Pilot for Won-Denominated Stablecoin

chest

KB Financial Group has successfully completed a payment pilot for a won-denominated stablecoin, integrating various financial processes into a single workflow.

user avatarDavid Robinson

South Korea's Digital Asset Act Faces Delays Amid Regulatory Disagreements

chest

The Digital Asset Act in South Korea faces delays due to disagreements between financial regulators, impacting stablecoin legislation.

user avatarAndrew Smith

Bitcoin Faces Critical Week After Losing Key Support Level

chest

Bitcoin's price has dropped below a crucial support level, raising concerns about its ability to regain upward momentum.

user avatarJacob Williams

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.