Overview
- BlackRock’s tokenized USD Institutional Digital Liquidity Fund, with about $2.5 billion in assets, is now eligible collateral for Binance’s institutional clients.
- The off-exchange model allows traders to post BUIDL with regulated custodians and receive trading credit without transferring assets onto the exchange.
- BlackRock introduced a new BUIDL share class on BNB Chain, extending the fund’s multi-chain reach and enabling use in that ecosystem’s DeFi applications.
- Securitize issues and administers BUIDL and Wormhole supports cross-chain utility, while Binance connects the collateral flow through triparty banking partners and Ceffu.
- Acceptance of BUIDL as collateral underscores accelerating real‑world asset adoption, as exchanges broaden support for tokenized Treasury products for capital-efficient trading.