BlackRock's BUIDL Fund Expands on Binance
Update: 2025-11-14
Description
BlackRocks BUIDL Fund Expands on Binance: A New Era for Institutional TradersBlackRocks $2.5 billion digital fund, BUIDL, is now accessible on Binance and the BNB Chain, allowing institutional traders to use it as collateral for trades on the worlds largest cryptocurrency exchange. Securitize, the Miami-based company managing BUIDL, plans to go public soon. The fund, launched in March, now supports eight blockchains and offers a yield averaging 3.7% annually. Binances institutional clients, seeking stable-priced assets, have integrated BUIDL into their custody service, Ceffu. This move signifies major Wall Street firms growing acceptance of Binances services and products.
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