Securitize, the leader in tokenizing real-world assets, and Binance, the largest crypto exchange by volume and users,  announced that the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), will now be accepted as off-exchange collateral for trading on Binance. This further establishes BUIDL’s role as a foundational building block of onchain finance, by enabling the exchange’s global user base of institutional and advanced traders to unlock new efficiencies in capital deployment while maintaining exposure to tokenized Treasuries.

In parallel, BUIDL is launching a new share class on BNB Chain, one of the world’s leading blockchain ecosystems, expanding investor access and interoperability with other onchain financial applications.

“BUIDL’s expansion to BNB Chain and its use as collateral on Binance further extends its reach and utility,” said Carlos Domingo, Co-founder and CEO of Securitize. “We’re continuing to bring regulated real-world assets onchain while unlocking new forms of utility that were previously out of reach.”

“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.”

“BNB Chain is designed for scalable, low-cost, and secure financial applications, and we’re excited to welcome BUIDL to our ecosystem,” said Sarah Song, Head of Business Development at BNB Chain. “BUIDL is turning real-world assets into programmable financial instruments, enabling entirely new types of investment strategies on-chain.”

“This milestone highlights our continued focus on transforming tokenization from concept to practical market utility,” said Robbie Mitchnick, Global Head of Digital Assets at BlackRock. “By enabling BUIDL to operate as collateral across leading digital market infrastructure, we’re helping bring foundational elements of traditional finance into the onchain finance arena.”

Launched in March 2024, BUIDL was BlackRock’s first tokenized fund to be issued on a public blockchain, tokenized by Securitize, offering qualified investors access to U.S. dollar yields with flexible custody, daily dividend payouts, and 24/7/365 peer-to-peer transfers.

This integration builds on BUIDL’s availability across other leading networks including Arbitrum, Aptos, Avalanche, Ethereum, Optimism, Polygon and Solana.

To learn more about BUIDL on BNB Chain, please visit: www.securitize.io

To learn more about Binance Banking Triparty, please visit: https://www.binance.com/en/triparty

Source: Securitize