by: xpoolPosted on:

BlackRock Deepens Crypto Integration with BUIDL Expansion to Binance and BNB Chain

BlackRock has significantly expanded the reach of its $2.5 billion tokenized money market fund, BUIDL, by integrating it with Binance and the BNB Chain. This move marks a step towards increased transparency and efficiency within the cryptocurrency ecosystem. The fund, which is backed by short-term U.S. Treasury bills and tokenized by Securitize, now offers institutional clients more robust off-exchange collateral options.

Related posts:

  1. BlackRock’s BUIDL Fund Soars Past $2 Billion in Growth Amidst DeFi Surge
  2. BlackRock’s BUIDL Fund Booms, Surpassing $2.89 Billion as Institutional Investors Seek Regulated Tokenized Treasury Solutions
  3. Binance Implements BlackRock BUIDL Fund as Off-Exchange Collateral
  4. BlackRock’s $2.5 Billion Fund Rumored, But No Confirmation From Binance