TLDR
- BlackRock has launched its BUIDL fund on BNB Chain, expanding access to US dollar tokenized returns for investors.
- The expansion introduces a new class of shares to the BNB Chain, offering faster settlement and lower fees for qualified investors.
- Binance approved BUIDL as an off-exchange collateral, allowing companies to trade tokenized Treasuries without transferring custody.
- Securitize and Wormhole are the main infrastructure providers supporting BlackRock’s expansion into the BNB Chain network.
- The launch marks an important step in the integration of real-world regulated assets with decentralized finance on BNB Chain.
BlackRock’s BUIDL fund has launched on BNB Chain, offering investors new opportunities to gain exposure to tokenized US dollar yields. The expansion introduces a new class of shares to the network, enabling faster settlement, lower fees, and seamless peer-to-peer transfer options. The move brings the largest real-world tokenized asset to one of the most active blockchain ecosystems globally.
Securitization and the wormhole drive expansion
Securitize and Wormhole are the two infrastructure providers facilitating BlackRock’s expansion into BNB Chain. According to the official announcement, Securitize plays a crucial role in providing the regulatory and technical foundation for the on-chain offering. The company manages more than $4 billion in assets and specializes in tokenization, transfer agency services and fund administration.
“We are excited to extend BUIDL to BNB Chain, unlocking new financial opportunities for real-world tokenized assets.” said a Securitize spokesperson.
The launch of the new share class on BNB Chain represents a step forward in the integration of traditional finance with decentralized finance.
Binance approved the BUIDL Fund as an off-exchange collateral for institutional trading, allowing firms to back trading positions with tokenized US Treasuries without transferring custody to the exchange. The approval comes as part of Binance’s broader strategy to provide secure access to digital assets to institutional investors.
Binance emphasized that this development strengthens its commitment to secure, controlled and efficient access to blockchain-based assets. This new option allows companies to manage risk while harnessing the potential of regulated US dollar returns in their trading strategies.
The approval marks a key milestone in the evolution of tokenized finance. Institutions can now use tokenized Treasuries to support trading positions directly through Binance, improving capital efficiency and streamlining the process for investors.
BNB Chain Supports Greater Capital Efficiency and Institutional Growth
The expansion of the BUIDL Fund by BNB Chain shows the growing intersection of traditional finance and blockchain technology. By allowing tokenized Treasuries and real-world assets to operate within decentralized systems, BNB Chain is improving the programmability of financial instruments.
This development follows a broader trend in the blockchain space, where networks like XRPL are also driving programmability amid growing activity around tokenized assets. BNB Chain’s role in this shift demonstrates its continued importance in the digital asset ecosystem, offering new utility and efficiency for retail and institutional investors.
This launch positions BNB Chain as a leading network for integrating real-world financial instruments with decentralized applications. As blockchain technology continues to grow, BNB Chain’s adoption of tokenized assets will drive further innovation in the financial sector.