• 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

a year 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

Zcash Surges to New High as Institutional Interest Grows

chest

Zcash (ZEC) has surged to a new year-to-date high of 590, driven by significant institutional investment from Multicoin Capital.

user avatarTenzin Dorje

Sabadell Joins European Banking Consortium for Stablecoin Initiative

chest

Spanish bank Sabadell has joined the Qivalis consortium aimed at launching a Europe-pegged stablecoin.

user avatarBayarjavkhlan Ganbaatar

Ripple CEO Highlights Critical Hearing for CLARITY Act's Future

chest

Ripple CEO Brad Garlinghouse emphasizes the importance of the upcoming Senate Banking Committee hearing for the CLARITY Act's progress.

user avatarMohamed Farouk

Bitcoin Holds Steady Above 80,000 as Market Recovery is Tested

chest

Bitcoin's price remains above 80,000, indicating a recovery from March lows, with differing behaviors observed among large holders.

user avatarElias Mukuru

Gerstein Harrow LLP Files Restraining Notice Over Ethereum Linked to Kelp DAO Hack

chest

Gerstein Harrow LLP has filed a restraining notice in a New York district court, claiming legal rights to approximately 30,766 Ethereum frozen after the Kelp DAO hack.

user avatarDiego Alvarez

Aave Takes Legal Action to Release Frozen Ethereum in Kelp DAO Hack Case

chest

Aave has filed an emergency motion in a New York district court to vacate a restraining notice blocking the Arbitrum DAO from accessing approximately 30,766 Ethereum frozen after the Kelp DAO hack.

user avatarKenji Takahashi

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.