Binance Adds BlackRock’s BUIDL as Collateral for Institutional Traders
Binance Adds BlackRock’s BUIDL as Collateral for Institutional Traders Binance, the world’s largest cryptocurrency exchange by volume, is joining forces with tokenized real-world assets platform...
Binance Adds BlackRock’s BUIDL as Collateral for Institutional Traders
Binance, the world’s largest cryptocurrency exchange by volume, is joining forces with tokenized real-world assets platform Securitize to expand access to BlackRock’s tokenized fund as a collateral asset for institutional traders.
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On Nov. 14, Binance and Securitize announced that the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) is now an accepted off-exchange collateral that institutional users can pledge for trading.
Binance Accepts BUIDL as Collateral
The integration of BUIDL, BlackRock’s tokenized Treasuries fund launched in 2024, comes as the global tokenization of real-world assets (RWAs) accelerates across the market.
Increasingly, RWAs such as funds, Treasuries, commodities, and private credit are coming on-chain, giving investors access to both on-chain and traditional investment benefits.
Support for BUIDL as an eligible off-exchange collateral for institutional users adds to this trend. Qualified traders can unlock new avenues for capital efficiency while still leveraging the benefits of asset tokenization.
“Our institutional clients have asked for more interest-bearing stable assets they can hold as collateral while actively trading on our exchange,” said Catherine Chen, Head of VIP & Institutional at Binance.
“Integrating BUIDL with our banking triparty partners and our crypto-native custody partner, Ceffu, meets their needs and enables our clients to confidently scale allocation while meeting compliance requirements.”BUIDL Goes Live on BNB Chain
In addition to being accepted as collateral, BUIDL is now deploying on BNB Chain, the public blockchain network within the Binance ecosystem.
The tokenized fund is available as a share class on BNB Chain, expanding access beyond top networks such as Ethereum, Solana, Arbitrum, Aptos, and Avalanche.
BUIDL allows qualified investors to access U.S. dollar yields with daily dividend payouts, and currently holds a total value exceeding $2.5 billion.
