BlackRock has expanded its tokenized money market fund, known as BUIDL, to five additional blockchains, including Aptos, Arbitrum, Avalanche, Optimism, and Polygon. This move positions BUIDL as the largest tokenized money market fund (MMF) globally, enhancing its role in the growing tokenized asset ecosystem. The expansion was facilitated through Securitize's tokenization platform, which bridges traditional assets with digital innovation. The recent developments in the tokenization space have sparked discussions among institutions, highlighting the potential for transformative changes in finance. Notably, the Ondo Summit in New York emphasized the importance of tokenization in reshaping the financial landscape, with industry leaders indicating that successful tokenization could lead to fully tokenized funds in the future. Meanwhile, other financial institutions, such as Citi and Fidelity, are also exploring blockchain applications, underscoring a broader trend of institutional interest in tokenization and digital assets.