Crypto

BlackRock Expands Tokenized RWA Fund Beyond Ethereum to Aptos, Arbitrum, Avalanche, OP Mainnet, Polygon

The BlackRock USD Institutional Digital Liquidity Fund (BUIDL), in collaboration with tokenization platform Securitize, has expanded its reach to include the Aptos, Arbitrum, Avalanche, Optimism’s OP Mainnet, and Polygon networks. This move allows greater accessibility and flexibility for investors looking to participate in the fund.

By leveraging these networks, the BUIDL fund aims to provide institutional investors with a seamless and efficient way to access digital assets while maintaining high levels of security and compliance. This strategic partnership between BlackRock and Securitize demonstrates a commitment to innovation and adaptability in the rapidly evolving digital asset landscape.

With the integration of multiple networks, investors can benefit from enhanced liquidity, faster transaction speeds, and lower costs associated with managing digital assets. This development underscores the growing importance of blockchain technology in the financial sector and highlights the potential for further collaboration between traditional financial institutions and blockchain-based platforms.

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Overall, the expansion of the BlackRock USD Institutional Digital Liquidity Fund to various networks signifies a significant step towards democratizing access to digital assets and creating new opportunities for institutional investors in the digital asset space.

Carmen Brooke Martin

Finance Analyst Hello, my name is Carmen Brooke Martin and I am an expert finance journalist with a master's degree from New York University in Business and Economics. I'm passionate about helping startups spread the word, discover and promote great projects in the crypto and fintech industry. What I am working on is to provide basic cryptocurrency education and benefits to the crypto community through video tutorials and written content. As a business developer, I help crypto projects structure and create a whitepaper that can stir investors' interest, advice on marketing strategies and promotions.

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