BNB News Update: BlackRock Connects Conventional and Digital Finance Through BUIDL Growth

BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL), which has been tokenized through Securitize, has broadened its reach by introducing a new share class on the

Chain and gaining approval as off-exchange collateral on Binance, the largest crypto trading platform by volume. of tokenized real-world assets (RWA) and represents a major advancement in connecting conventional finance with blockchain-based systems.

This integration enables institutional and sophisticated traders to utilize BUIDL as collateral while retaining exposure to tokenized U.S. Treasuries. By storing BUIDL with a custodian such as Binance’s Ceffu, a crypto-native custody service, traders can benefit from yield-generating assets without having to deposit them directly onto the exchange. This approach caters to institutional preferences for “interest-bearing stable assets” that adhere to regulatory standards,

, who leads VIP & Institutional at Binance. “Our clients seek the flexibility to adjust allocations while remaining compliant,” she explained.

BUIDL’s launch on BNB Chain, a prominent blockchain ecosystem, boosts its compatibility with decentralized finance (DeFi) platforms. Since its introduction in March 2024, the fund now operates across eight different blockchains, including , , and Avalanche. Managing $2.5 billion in assets, BUIDL and is regarded as a benchmark for tokenized Treasuries within the RWA sector.

The partnership between

, Securitize, and Binance demonstrates the merging of traditional and digital financial systems. Carlos Domingo, Securitize’s CEO, pointed out that this initiative “opens up new use cases for regulated real-world assets onchain,” allowing institutions to deploy capital more effectively. At the same time, that BUIDL’s programmable features enable “completely new investment approaches” within the blockchain space.

Robbie Mitchnick, who oversees Digital Assets globally at BlackRock, described this as a pivotal moment in the evolution of tokenization from theory to real-world application. “By bringing BUIDL into top-tier digital infrastructure, we are integrating key aspects of traditional finance into blockchain markets,” he commented.

where tokenized assets are increasingly utilized as collateral and reserves in DeFi systems.

This initiative also signals Binance’s ongoing efforts to attract institutional investors. The exchange has teamed up with triparty banking agents and custodians to simplify compliance, which is crucial for institutional participation. Even though Ceffu faced regulatory challenges in 2023, Binance continues to strengthen its role as a connector between legacy finance and crypto, with major players like Robinhood and Coinbase recently adding BNB, the native token of BNB Chain, to their platforms.

As tokenized RWAs continue to gain momentum, BUIDL’s position as a yield-generating, capital-efficient asset is set to expand. Its move to BNB Chain and acceptance as collateral illustrate how blockchain is transforming the landscape of institutional finance.