BlackRock's tokenized fund, BUIDL, has deposited approximately $500 million onto the Polygon network, a major move confirmed by the Polygon CEO. This substantial transaction signals a significant deepening of institutional engagement with blockchain technology, highlighting growing confidence in Polygon’s infrastructure for finance.
This $500 million infusion directly impacts the Polygon ecosystem by increasing the Total Value Locked (TVL) associated with BUIDL, showcasing Polygon's increasing role in structured blockchain finance. The introduction of these institutional assets further integrates traditional finance with decentralized innovation and could significantly influence the market for tokenized real-world assets (RWAs) while increasing demand for the Polygon ecosystem.
Polygon CEO Sandeep Nailwal explicitly stated that "The on-chain $500 million BUIDL deposit… is legitimate and pertains to BlackRock’s deployment."
October 2025, Cryptoniteuae