Securitize announced that the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), which is tokenized by Securitize, will now expand access with the launch of a new share class on the Solana network.
BUIDL recently surpassed $1B in assets under management, a key milestone in the development of the tokenized treasury market. Securitize and BlackRock launched BUIDL in March 2024, marking BlackRock’s first tokenized fund to be issued on a public blockchain.
Securitize announced that BlackRock USD Institutional Digital Liquidity Fund (BUIDL) has expanded to Solana network.
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BUIDL offers qualified investors access to U.S. dollar yields on-chain with flexible custody, daily dividend payouts, and near real-time 24/7/365 peer-to-peer transfers. With the expansion to Solana, investors can now utilize BUIDL in the Solana ecosystem, known for the speed, throughput, and cost-effectiveness of the Solana blockchain.
BUIDL is now available on seven blockchains, Aptos, Arbitrum, Avalanche, Ethereum, Optimism, Polygon, and Solana, with cross-chain interoperability enabled by Wormhole to facilitate seamless and secure token transfers. This expansion furthers optionality and increased access for investors, decentralized autonomous organizations (DAOs), and other digital asset-native firms.
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Custodians supporting BUIDL investors include Anchorage Digital, Copper, and Fireblocks, among others, and Bank of New York Mellon serves as BUIDL’s cash and securities custodian.
“In the year since BUIDL’s launch, we’ve experienced significant growth in demand for tokenized real-world assets, reinforcing the value of bringing institutional-grade products on-chain,” said Carlos Domingo, Co-founder and CEO of Securitize. “As the market for RWAs and tokenized treasuries gains momentum, expanding BUIDL to Solana—a blockchain known for its speed, scalability, and cost efficiency—is a natural next step.”
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“Solana is uniquely positioned to drive the next wave of adoption for tokenized real-world assets due to the network’s speed, low costs and active developer ecosystem,” said Lily Liu, President of the Solana Foundation. “Blackrock’s expansion of BUIDL on Solana offers users a network that balances innovation with the operational efficiency the industry demands.”
About Securitize
Securitize, the leader in tokenizing real-world assets, is bringing the world on-chain through tokenized funds in partnership with top-tier asset managers, such as Apollo, BlackRock, Hamilton Lane, KKR and others. Securitize, through its subsidiaries, is a SEC-registered broker dealer, digital transfer agent, fund administrator and operator of a SEC-regulated Alternative Trading System (ATS). Securitize has also been recognized as a 2025 Forbes Top 50 Fintech company.
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Source – Businesswire
