BlackRock Expands Tokenized Fund BUIDL Beyond Ethereum
Global asset management giant BlackRock has expanded its tokenized fund BUIDL, valued at approximately $2.85 billion, across multiple major blockchains. Originally hosted on Ethereum, the fund is now available on Avalanche, Aptos, Polygon, Solana, Arbitrum, and Optimism, marking a significant milestone in cross-chain tokenization.
According to the latest on-chain data, the distribution of assets under management (AUM) across networks is as follows:
- Ethereum: ~$990 million
- Avalanche: ~$554 million
- Aptos: ~$543 million
- Polygon: ~$530 million
- Solana: ~$175 million
- Arbitrum: ~$31 million
- Optimism: ~$26 million
This diversification marks a substantial shift from earlier allocations, where 87.3% of BUIDL assets were exclusively available on Ethereum.
Managed by BlackRock and Securitize
BlackRock remains the fund manager, while Securitize acts as the transfer agent and tokenization platform, overseeing the issuance and management of tokenized fund shares across multiple blockchains.
Their collaboration enables institutional investors to gain seamless access to tokenized assets across different ecosystems while maintaining regulatory compliance and transparency.
A Step Toward Multi-Chain Institutional Finance
The move reinforces BlackRock’s commitment to expanding the adoption of tokenized real-world assets (RWAs) within the digital economy. By bridging traditional finance with blockchain infrastructure, BUIDL sets a precedent for other institutions looking to leverage multi-chain liquidity and cross-network interoperability.
This expansion not only enhances investor accessibility but also reflects a growing institutional trend toward decentralized financial infrastructure — a development many see as the next major step in the evolution of asset management.
The BUIDL fund’s performance and token distribution can be tracked in real time via TokenTerminal and other blockchain analytics platforms.
