BlackRock’s BUIDL Fund Expands to BNB Chain: Boosting Institutional Trading Capacity

BlackRock has significantly expanded its $2.5 billion BUIDL fund, offering access to collateral for institutional trading on the Binance exchange through integration with the BNB Chain. This move signifies a key step toward tokenizing real-world assets in the blockchain space and opens up new possibilities for DeFi platforms. The expansion allows institutional investors to trade using tokenized U.S. Treasury securities, boosting liquidity and market efficiency.