BlackRock's BUIDL Fund Launches on BNB Chain, Approved as Binance Collateral

BlackRock's BUIDL fund deployed on BNB Chain on Nov. 15 through Securitize and Wormhole, introducing a new share class for qualified investors to access tokenized dollar-yielding assets, according to an official announcement. The fund will be recognized as eligible collateral on Binance, providing institutional and sophisticated traders with capital-efficient allocation options while maintaining exposure to tokenized Treasury securities.