• 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

Chainlink CCIP v16 Upgrade Enhances Interoperability with Solana Support

chest

Chainlink has announced the release of its CCIP v16 upgrade, which enhances interoperability by introducing support for Solana and improving flexibility across various virtual machine designs.

user avatarBayarjavkhlan Ganbaatar

XRP Holds Above Key Psychological Level Amid Market Uncertainty

chest

XRP is trading around the critical $1 level, which is being closely monitored by traders as the cryptocurrency market awaits direction.

user avatarMohamed Farouk

Open Standard Launches Open USD Stablecoin to Challenge Market Leaders

chest

Open Standard has launched Open USD, a dollar-backed stablecoin supported by over 140 businesses, aiming to challenge market leaders Tether and Circle.

user avatarElias Mukuru

Solana's Price Drops Below 80 Amidst Ongoing Ecosystem Development

chest

Solana's price has fallen below the 80 mark, raising caution among traders, but the ecosystem continues to grow with real-world assets and DeFi activities.

user avatarDiego Alvarez

Revised Editorial Guidelines Target Improved Content Quality.

chest

A new editorial policy has been established to ensure accuracy, relevance, and impartiality in content.

user avatarKenji Takahashi

New Editorial Policy Launched to Ensure Content Quality

chest

A new editorial policy has been established to enhance the quality of content.

user avatarMaria Fernandez

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.