BlackRock's $2.5B Treasury Fund Goes Live on #BNBChain
The world's largest tokenized real-world asset expanded to BNB Chain this week as BlackRock's USD Institutional Digital Liquidity Fund launched a new share class on the high-performance blockchain network. BUIDL, holding approximately $2.5 billion in tokenized U.S. Treasuries, now provides qualified investors access to yield-bearing instruments through the cost-efficient infrastructure.
#Binance announced it will accept BUIDL as collateral for institutional off-exchange settlement services including Binance Banking Triparty and MirrorRSV custody solutions. Qualified traders can now maintain exposure to Treasury yields while deploying capital across trading strategies, pledging BUIDL holdings with regulated third-party banking partners while accessing exchange liquidity. The integration enables institutions to earn yield on eligible assets while utilizing platform services.
Securitize powered the technical infrastructure that is bringing BUIDL to BNB Chain alongside Wormhole's cross-chain messaging protocol. The platform manages over $4 billion in tokenized assets and provides digital transfer agency, fund administration, and compliance services for institutional-grade products. CEO Carlos Domingo stated the expansion advances the mission of bringing regulated real-world assets on-chain while unlocking new utility forms.
Daily dividend payouts, continuous peer-to-peer transfers, and compatibility with regulated custodians characterize BUIDL's operational structure. The fund joins Circle's USYC and OpenEden's cUSDO as yield-bearing assets accepted by major exchanges for collateral purposes. These tokenized Treasury products offer institutions low-volatility alternatives to non-interest-bearing #stablecoins and cash equivalents.
