The world’s largest tokenized Treasury fund is expanding its reach. BlackRock’s USD Institutional Digital Liquidity Fund - better known as BUIDL - is now live on $BNB Chain, deepening the partnership between the world’s biggest asset manager and the world’s largest crypto exchange.
With more than $2.5 billion invested, BUIDL’s expansion means the fund can now be used as off-exchange collateral for trading on Binance. Both companies said the integration strengthens BUIDL’s position as a “core component of onchain finance,” allowing professional traders to deploy capital more efficiently while maintaining exposure to tokenized Treasuries.
A New Collateral Option for Active Traders
Binance’s Head of VIP & Institutional, Catherine Chen, said the fund is being connected to the exchange’s triparty banking agents – a key part of traditional short-term secured funding markets – along with its crypto-native custody provider, Ceffu.
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