- According to a recent X post by Token Terminal, BlackRock’s assets under Polygon’s control had exceeded $30 million as of March 2025.
- The fund initially debuted at Ethereum in March 2024, and after that, asset managers expanded the Buidl fund to five new blockchains.
BlackRock, the world’s largest asset manager with AUM exceeding $11 trillion, took a bold leap into digital assets in December 2024 by expanding its tokenized fund, the BlackRock USD Institutional Digital Listitivity Fund (BUIDL). Polygon (Matic).
Originally launched at Ethereum in March 2024, Buidl is a tokenized money market fund backed by short-term US government bonds, maintaining a stable value of $1 per token. By expanding beyond Ethereum, BlackRock has unlocked real-time native interactions across multiple blockchain ecosystems.
The impact of this expansion was revealed this month Data from token terminal It revealed that BlackRock’s AUM on Polygon has skyrocketed past $30 million. This move not only strengthens the institutional adoption of tokenized assets, but also strengthens the on-chain yield opportunities for investors, flexible custody solutions, intertinent peer-to-peer transfers, and the occurrence and distribution of seamless on-chain dividends.
The role of polygons in the BlackRock blockchain expansion
Polygon plays an important role as the infrastructure layer for BlackRock’s BuidL program, providing the scalability needed to support institutional investments. This is achieved by processing transactions from the main Ethereum chain using a side chain, also known as a plasma chain. This approach not only increases transaction throughput, but also reduces congestion and significantly reduces transaction fees compared to Ethereum’s mainnet. Furthermore, Polygon’s modular framework supports a variety of scaling solutions, such as ZK rollups and optimistic rollups, allowing you to meet the needs of a variety of applications.
Polygon’s BlackRock Buidl offers several key features, including chain yield generation, 24/7 peer-to-peer transfer, automatic dividend generation and distribution, and enhanced accessibility for DAOs and digital asset companies. Additionally, Polygon POS ensures seamless EVM compatibility and account abstraction, making it an attractive choice for financial institutions and developers to build blockchain-based financial solutions.
Beyond this, Brickken, a platform specializing in tokenizing real-world assets (RWAS), is It has been announced Currently, I live in a stake (POS) of polygonal proofs, and have enhanced multi-chain tokenization capabilities. This expansion is expected to open up opportunities for new investors within the polygon ecosystem, bringing hundreds of millions of tokenized assets to the polygon POS, increasing efficiency through the integration of established blockchain networks and expanding multi-chain capabilities for enterprise management. Tokenized assets It increases flexibility.
Despite its strong technological foundation, Matic has faced a significant price drop since 2021 reaching an all-time high of $2.92. Currently, Matic has declined 78.8% over the past year and 13.9% over the past 14 days. 0.2101 dollar dealthis is 92% below the peak. Over the past 24 hours, its trading volume has dropped 31.66% to $2.33 million, but its market capitalization is $422 million.
