BlackRock Expands BUIDL Fund Access to Major Blockchain Platforms

By adding additional share classes, BlackRock has announced a major expansion of its USD Institutional Digital Liquidity Fund, or BUIDL. The fund will be able to integrate with top blockchain platforms such as Aptos, Arbitrum, Avalanche, Optimism’s OP Mainnet, and Polygon thanks to this calculated step. BlackRock is increasing BUIDL’s adaptability and accessibility for a wider variety of consumers by supporting different blockchains.

A Seamless Integration with Blockchain Ecosystems

With the addition of these new share classes, BUIDL is positioned to offer greater flexibility and utility for blockchain-based financial products and infrastructure. The fund now enables seamless integration with key decentralized applications (dApps), facilitating on-chain yield generation, flexible custody solutions, and 24/7 peer-to-peer transfers. It also allows for real-time dividend accrual and distribution directly on the blockchain, providing a more dynamic investment experience.

BUIDL’s expansion also offers tremendous potential for decentralized autonomous organizations (DAOs), digital asset firms, and individual investors. These groups can now leverage BlackRock’s robust infrastructure within their blockchain environments, taking full advantage of its capabilities for managing digital assets across a variety of networks.

The new share classes also come with a tiered fee structure designed to align with the characteristics of each blockchain platform. For integrations with Aptos, Avalanche, and Polygon, management fees are set at 20 basis points (bps). In contrast, platforms such as Arbitrum, Optimism, and Ethereum will see a higher management fee of 50 bps. This fee differentiation ensures optimal performance and compatibility across varying ecosystems.

In just 40 days since its launch, BUIDL has become the largest tokenized fund globally in terms of assets under management (AUM). This rapid growth highlights the increasing demand for tokenized financial products and BlackRock’s ability to meet this demand with cutting-edge solutions.