Investment Giant BlackRock Provided Large Amount of Funding for This Altcoin! Here Are the Details

BlackRock’s tokenized fund, BUIDL, has completed a one-time transfer of approximately $500 million on the Polygon (MATIC) network. BlackRock's Tokenized Fund BUIDL Makes $500 Million One-Time Investment in Polygon Network This large-scale transaction marks a new era in BlackRock’s blockchain-based asset management strategy and was officially confirmed by Polygon’s ￰0￱ CEO stated in a statement on social media that the transaction was the first large-scale distribution of the BlackRock BUIDL fund to the Polygon ￰1￱ move is considered an indication that both traditional finance (TradFi) and decentralized finance (DeFi) fields are becoming increasingly ￰2￱ is BlackRock's tokenized treasury fund for institutional investors, offering investors access to blockchain-represented versions of secure assets such as ￰3￱ ￰4￱ predict that this $500 million transfer will boost institutional confidence in the Polygon ecosystem and that similar-scale fund movements could spread to other chains in the ￰5￱ development is considered a significant milestone in BlackRock's integration strategy into blockchain infrastructures. *This is not investment ￰6￱ Reading: Investment Giant BlackRock Provided Large Amount of Funding for This Altcoin!

Here Are the Details