BlackRock BUIDL Fund officially launched on BNB Chain, becoming collateral recognized by the Binance platform

The BUIDL Fund under BlackRock has officially landed on the BNB Chain through the security token platform Securitize and the cross-chain protocol Wormhole.

The BUIDL Fund has opened a channel for qualified investors to allocate tokenized dollar-denominated yield assets by launching a new share class on the BNB Chain. The fund will also become an accepted collateral on the Binance trading platform, creating a new path for efficient capital allocation for institutions and seasoned traders without losing exposure to tokenized government bonds.