BlackRock’s BUIDL fund poised for expansion to Avalanche blockchain

BlackRock and Securitize appear to be preparing to launch the BUIDL tokenized fund on Avalanche, following its success on Ethereum, according to BeInCrypto. The move would broaden the reach of tokenized assets, integrating blockchain with traditional finance. On-chain data from Avalanche’s block explorer shows an active BUIDL contract with an initial $1 million deposit. While neither BlackRock nor Securitize have formally announced the launch, this deployment hints at a potential expansion to Avalanche’s growing ecosystem for real-world asset tokenization.