BlackRock

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/blackrock-broadens-buidl-funds-blockchain-reach" data-wpel-link="internal" rel="noopener noreferrer nofollow">BlackRock Broadens BUIDL Fund’s Blockchain Reach</a><br></p>
<p style="text-align: justify">In a significant move, BlackRock has expanded its USD Corporate Digital Liquidity Fund, known as BUIDL, to include a variety of blockchain ecosystems such as Aptos, Arbitrum, <a href="https://en.bitcoinhaber.net/avalanche-cryptocurrency-sees-notable-price-increase" data-wpel-link="internal" rel="noopener noreferrer nofollow">Avalanche</a>, Optimism, and <a href="https://en.bitcoinhaber.net/analyst-highlights-key-levels-for-potential-bull-market-in-matic-analysis" data-wpel-link="internal" rel="noopener noreferrer nofollow">Polygon</a>. This initiative seeks to improve multi-chain tokenization strategies, allowing for more diverse investment opportunities.</p>
<h2 style="text-align: justify" id="how-does-the-multi-chain-strategy-work">How Does the Multi-Chain Strategy Work?</h2>
<p style="text-align: justify">The multi-chain strategy of BUIDL enhances accessibility for corporations, decentralized autonomous organizations (DAOs), and stakeholders. The fund facilitates cross-chain yields, dividend collection, and quick peer-to-peer transactions.</p>
<h2 style="text-align: justify" id="what-are-buidl-s-achievements-so-far">What Are BUIDL’s Achievements So Far?</h2>
<p style="text-align: justify">Initially launched on Ethereum, BUIDL quickly emerged as a frontrunner in tokenized investment funds, amassing a market value of 558 million USD in just 40 days. This rapid growth illustrates the fund’s strong market position.</p>
<p style="text-align: justify">– The fund’s multi-chain structure enhances investment opportunities.<br> – BNY Mellon’s role as custodian ensures comprehensive oversight.<br> – The expansion aligns with broader trends in the tokenized asset space.</p>
<p style="text-align: justify">Carlos Domingo, CEO of Securitize, emphasized that the fund’s growth aligns with the evolving vision of the tokenized asset ecosystem, highlighting similar efforts by other financial institutions. The multi-chain framework provides digital asset firms with the tools to utilize blockchain technology more effectively, indicating potential future advancements in tokenization.</p>
<h5><span style="font-weight:bold;font-size:16px">Continue Reading: </span> <a href="https://en.bitcoinhaber.net/blackrock-broadens-buidl-funds-blockchain-reach" data-wpel-link="internal" rel="noopener noreferrer nofollow">BlackRock Broadens BUIDL Fund’s Blockchain Reach</a></h5>

BlackRock Broadens BUIDL Fund’s Blockchain Reach

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