The world’s largest asset management company BlackRockmoved nearly $500 million in assets to the altcoin Polygon network through its tokenized investment fund BUIDL. The transaction, confirmed by Polygon CEO Sandeep Nailwal, represents a new phase in the integration of corporate finance with Blockchain technology.
BlackRock’s Polygon Move
BlackRock’s BUIDL The $500 million transfer of the fund shows that trust in Blockchain-based financial infrastructure is strengthening. In his statement on the subject, Nailwal stated that the asset transfer in question is a verified and legitimate intra-Blockchain transaction. The development increased Polygon’s ability to attract liquidity at an institutional level, leading to a noticeable increase in Total Value Locked (TVL) indicators.
fund polygon Its entry into the ecosystem not only created a liquidity effect; It also revealed that the line between traditional finance (TradFi) and decentralized finance (DeFi) is rapidly thinning. BlackRock’s tokenized fund approach is compliant with regulations cryptocurrencyIt accelerates the transformation in the financial system by making it possible to manage money safely.
CryptoAppsy According to data, POL coin, the main network asset of the Polygon network, is trading at $ 0.1982, with a decrease of 3.54 percent in the last 24 hours at the time of writing.
Increased Institutional Acceptance
The year 2025 will be a different period for major institutions. blockchain It stands out as a period when people opened up to their networks. In line with this trend, BlackRock’s BUIDL fund emphasized the importance of corporate diversity and risk distribution by deploying in seven different networks. This diversification offers both the trust framework brought by regulations and the transparency advantage provided by Blockchain technology.
Market analysts point out that such high-scale capital movements herald not only short-term but also long-term structural changes. According to current data, intra-Blockchain asset allocation of institutional funds at this scale finance It shows that the sector has entered a permanent transformation towards decentralization. This trend is considered as an indicator that Blockchain has become not just a technology but the infrastructure that shapes the future of finance.
