Blackrock Launches $2.9 Billion Real-World Asset Fund on BNB Chain

BlackRock has launched its BUIDL fund, a tokenized USD Institutional Digital Liquidity Fund worth $2.9 billion, on the BNB Chain, a move that brings institutional investment to the realm of cryptocurrencies. Binance’s integration of BUIDL as off-exchange collateral is opening new avenues for trading with yield-bearing assets while minimizing counterparty risk. This collaborative effort represents a significant step in bridging traditional finance and blockchain technology, expanding access to real-world asset tokens within the digital financial landscape.