The world’s biggest asset manager just bridged half a billion dollars into the blockchain. Polygon isn’t just a network anymore — it’s part of the financial system.
BlackRock — the $10 trillion asset titan — has moved half a billion dollars through its tokenized BUIDL fund onto Polygon, confirming one of the largest verified institutional transactions in DeFi history.
Polygon co-founder Sandeep Nailwal confirmed the on-chain transfer, calling it “a milestone for blockchain-based finance.”
“When Wall Street meets Web3, it’s no longer theory — it’s execution,” Nailwal said.
This isn’t another pilot or testnet demo. It’s real capital, on a public chain, under regulatory oversight.
BlackRock’s move isn’t about yield farming or token hype — it’s about modernizing finance.
By using tokenized funds on blockchain rails, institutions gain:
The $500M BUIDL transfer marks a structural shift: finance is becoming code.
Even as Polygon’s native token POL dipped 3.54% to $0.1982, the symbolic weight of this event dwarfs any short-term price chart.
The BUIDL fund now spans seven networks, reflecting a cross-chain diversification strategy that mirrors traditional portfolio management.
For BlackRock, tokenization isn’t a side experiment — it’s the next phase of financial infrastructure.
As one analyst put it, “This is what ‘too big to fail’ looks like on-chain.”
Polygon, long viewed as a high-throughput scaling layer, now steps into a new identity: a settlement network for institutional capital.
BlackRock’s on-chain migration signals a deeper evolution — the merger of TradFi and DeFi.
Institutions aren’t just watching blockchain — they’re building inside it.
Expect other major players — from Fidelity to JPMorgan Onyx — to follow suit, moving from private proofs-of-concept to public-chain integrations.
For Polygon, the inflow cements its role as a hub for institutional-grade tokenization and cross-chain liquidity management.
For BlackRock, it’s about owning the bridge — between Wall Street portfolios and on-chain finance.
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