BlackRock has expanded its BUIDL fund to multiple blockchains, including the BNB Chain, solidifying it as the world's largest tokenized fund backed by US Treasury bonds.
The fund BlackRock USD Institutional Digital Liquidity Fund (BUIDL) BlackRock already operates across a wide range of blockchain networks, from Layer 1 solutions like Ethereum, Solana, and Avalanche, to Layer 2 solutions like Optimism, Polygon, and Arbitrum.
In total, this tokenized money market fund has expanded across multiple blockchains, solidifying its position as the world's largest in its category. More recently, BUIDL joined the BNB Chain, the fifth most capitalized blockchain network in the industry, where it can be used as regulated collateral backed by short-term US Treasury securities.
With this latest expansion, BlackRock strengthens BUIDL's position as a digital investment instrument that combines security, immediate liquidity, and compliance with robust regulatory frameworks; all key elements for attracting institutional players seeking reliable financial solutions within the crypto ecosystem.
Trade cryptocurrencies on Bit2MeBUIDL: an institutionally backed tokenized fund
Launched in March 2024, BUIDL represents BlackRock's first fund deployed on a public blockchain, specifically Ethereum. Its structure is designed to to offer qualified investors exposure to low-risk assetsmainly US Treasury bills, with a yield close to 4%.
BUIDL is managed by Securitize, the firm that oversees the tokenization and digital administration of the fund, while Bny, one of the oldest banks in the United States, acts as custodian and administrator in the various blockchain networks.
BUIDL has become an innovative instrument in the digital market, and access to it is limited to institutions that commit a minimum of five million dollars, which, in other words, means that it is a product aimed at large financial operators.
Furthermore, BUIDL's market capitalization exceeds $2.500 billion, making it the world's largest tokenized fund by assets under management. Its appeal lies in the fact that, unlike conventional stablecoins, it not only maintains parity with the dollar but also generates returns from its underlying assets. This makes it a safer and more regulated alternative for institutions seeking to diversify their exposure to digital instruments without sacrificing robust guarantees.
Source: RWAxyz
BlackRock strengthens BUIDL with a presence in key ecosystems
BlackRock's strategy has focused on expanding BUIDL's presence across multiple blockchain ecosystems, thereby enhancing its functionality and reach. By integrating with networks such as Aptos, Arbitrum, Avalanche, Optimism, Polygon, and Solana, BUIDL facilitates direct interaction between decentralized applications and digital asset-native companies and the fund.
According to experts, this connection allows for near-instantaneous transfers between users, distribution of dividends across the chain, and more flexible custody options, all designed to meet the demands of an increasingly interconnected market.
In this context, BUIDL's arrival on the BNB Chain marks an additional milestone. With over $123.400 billion in market capitalization, this network offers a robust ecosystem for the integration of tokenized assets.
By being accepted as collateral, BUIDL can support structured transactions, derivatives, and institutional loans, extending its utility beyond mere passive investment. For large traders, having a regulated asset that combines immediate liquidity and regulatory compliance is a decisive factor in adoption.
Buy tokens directly on Bit2MeTokenization as a bridge between traditional and digital finance
BUIDL's growth reflects a rising trend in the financial world: the digitization and tokenization of physical assets. Carlos Domingo, CEO of Securitize, has repeatedly emphasized that this transformation is gaining increasing traction because speeds up settlements, eliminating most of the delays that characterize traditional systems.
Unlike traditional accounting records, which still rely on outdated technologies, blockchains allow for real-time, up-to-date tracking, which It benefits transparency and efficiency. in asset management.
Furthermore, institutional investors' interest in tokenized assets has several clear motivations. For example, they seek compliance with current regulations, providing a solid legal framework. At the same time, they value the flexibility to integrate these assets into complex financial transactions, which may include derivatives or secured loans.
BUIDL meets all these expectations and, as a result, has experienced rapid adoption. Furthermore, its structure as a secured asset makes it a key component for expanding financing potential within digital financial platforms.
Trade cryptocurrencies instantly and securely hereA decisive step towards institutional adoption
BUIDL's integration into various networks and its acceptance as collateral within the BNB Chain reinforce its role as a key bridge between traditional finance and the crypto world.
By guaranteeing consistent performance, complying with current regulations, and offering immediate liquidity, BlackRock's tokenized fund has established itself as a solid benchmark within the evolving market. This case demonstrates that tokenization is more than just a passing fad, becoming an effective solution for the specific needs of financial institutions.
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