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This further establishes BUIDL’s role as a foundational building block of on-chain 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, according to a press release by Binance.
Binance stated that allowing institutional clients to hold BUIDL and other tokenized RWAs off-exchange enables them to meet internal risk controls, thereby unlocking greater participation and scalability in digital asset trading, a move that benefits both market stability and institutional engagement. Also Read | Flexicap mutual funds top inflows for 3rd consecutive month in October. Are investors betting on flexibility amid volatility?This development follows Binance’s July announcement supporting the RWAs USCY and cUSDO as off-exchange collateral, marking another step in the company’s growing commitment to tokenized assets
In parallel, BUIDL is launching a new share class on the BNB Chain network, 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,” Chen further said.
“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.”
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“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 on-chain 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.
Binance is the leading global blockchain ecosystem behind the world’s largest crypto exchange by trading volume and users and Securitize, the leader in tokenizing real-world assets,
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