Binance Adds BlackRock BUIDL Tokenized Treasuries as Institutional Collateral

Binance integrated BlackRock’s $2.5 billion tokenized Treasury fund BUIDL as off-exchange collateral on Friday, letting institutional clients use the yield-bearing asset to back trading positions while keeping funds with third-party custodians. A new BUIDL share class also launched on BNB Chain, extending the token beyond Ethereum into Binance’s native DeFi ecosystem. The move bridges traditional…

https://www.binance.com/en/blog/institutions/binance-accepts-blackrocks-buidl-as-off-exchange-collateral-5677044816803954337