Revive

BlackRock

<h3 class="wp-block-heading" id="h-key-insights"><strong>Key Insights</strong></h3>
<ul>
 <li>Binance seeking to build a closer relationship with BlackRock.</li>
 <li>Crypto exchange exploring ways to revive BinanceUS.</li>
 <li>BNB Chain becomes largest platform for BlackRock USD Institutional Digital Liquidity Fund (BUIDL) deployment.</li>
 <li>BNB price trades near $860 amid uncertainty in the broader crypto market.</li>
</ul>
<p>The world’s largest crypto exchange Binance is deepening its relationship with the world’s largest asset manager BlackRock. The crypto exchange is reportedly in talks to revive its affiliate, BinanceUS.</p>
<p>This comes following Changpeng “CZ” Zhao’s pardon by US President Donald Trump. The recent rise in tokenization comes as a major opportunity to reposition itself in the market.</p>
<h2 class="wp-block-heading" id="h-binance-pursuing-closer-relationship-with-blackrock"><strong>Binance Pursuing Closer Relationship with BlackRock</strong></h2>
<p>Crypto exchange Binance continues to work closely with BlackRock to establish partnerships with US financial giants, <a href="https://www.bloomberg.com/news/articles/2025-12-17/binance-weighs-us-strategy-as-billionaire-zhao-regains-clout" target="_blank" rel="noopener noreferrer nofollow">Bloomberg reported</a> on December 17.</p>
<p>The crypto exchange is actively exploring ways to relaunch Binance US. This even includes options of a potential recapitalization that could dilute founder Changpeng “CZ” Zhao’s majority stake.</p>
<p>The move comes as CZ has become more vocal in public since his pardon. He has also praised President Donald Trump’s pro-crypto stance and desire to make America the crypto hub.</p>
<p>In a significant development, Binance is working closely with investment giant BlackRock to deepen their financial partnership. Discussions include launching new products and establishing revenue-sharing agreements.</p>
<h2 class="wp-block-heading" id="h-binance-and-blackrock-existing-ties"><strong>Binance and BlackRock Existing Ties</strong></h2>
<p>BNB Chain has become the largest platform for deploying BlackRock USD Institutional Digital Liquidity Fund (BUIDL), surpassing Ethereum.</p>
<p>At the time of writing, BUIDL’s total asset value is around $1.80 billion. BNB Chain accounts for $502.2 million, whereas $500 million is on Ethereum.</p>
<p>In November, Binance also announced that institutional clients can use the <a href="https://www.thecoinrepublic.com/2025/11/14/binance-accepts-blackrocks-13-trillion-aum-giants-tokenized-fund-as-trading-collateral/" rel="noopener noreferrer nofollow">BUIDL as collateral</a> for derivatives trading. This allowed large investors to earn yield while those assets are used for active crypto trading.</p>
<p>Binance seeks to reestablish itself in the U.S. following regulatory setbacks and leadership changes, signaling its commitment to compliance and innovation.</p>
<h2 class="wp-block-heading" id="h-bnb-price-trades-under-900"><strong>BNB Price Trades Under $900</strong></h2>
<p>BNB price fell 1% in the past 24 hours, currently trading at $860. The 24-hour low and high were $856.08 and $877.61, respectively.</p>
<p>Furthermore, trading volume has decreased by 5% in the last 24 hours. This indicates a decline in interest among traders.</p>
<p>In the daily timeframe, the price is below the 50-MA, 100-MA and 200-MA at the time of writing. The relative strength index (RSI) dropped to 41, signaling potential for a further sideways move.</p>
<div class="wp-block-image">
 <figure class="aligncenter size-full">
  <img loading="lazy" width="912" height="707" src="https://www.thecoinrepublic.com/wp-content/uploads/2025/12/image-451.png" alt="">
  <figcaption>
   BNB Price in Daily Timeframe | Source: TradingView
  </figcaption>
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</div>
<p>CoinGlass data showed massive buying in the derivatives market. At the time of writing, the total BNB futures open interest dropped almost 1.50% to $1.33 billion in the last 24 hours.</p>
<p>BNB futures open interest on Binance dropped 0.40% and climbed 1% on OKX and Bybit. This signals mixed sentiment among derivatives traders.</p>
<p>The post <a href="https://www.thecoinrepublic.com/2025/12/17/binance-deepens-blackrock-ties-as-cz-seeks-to-revive-its-us-subsidiary/" rel="noopener noreferrer nofollow">Binance Deepens BlackRock Ties as CZ Seeks to Revive its US Subsidiary</a> appeared first on <a href="https://www.thecoinrepublic.com" rel="noopener noreferrer nofollow">The Coin Republic</a>.</p>

Binance Deepens BlackRock Ties as CZ Seeks to Revive its US Subsidiary

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