This $2.5 Billion BlackRock Fund Is Coming to Binance and BNB Chain

BlackRock’s $2.5 billion USD Institutional Digital Liquidity Fund (BUIDL) is expanding to Binance and BNB Chain, Securitize said in a press release published on Thursday. The Miami-based Securitize, which is planning a public offering, said that BUIDL will be accepted as collateral for trades at the world’s leading cryptocurrency exchange, describing the asset backed by U.S. Treasuries as a tool for institutional traders. BlackRock’s BUIDL fund debuted last March, and the tokenized money market fund has exp ...