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Home News BlackRock’s BUIDL Fund has officially landed on the BNB Chain, becoming an accepted collateral on the Binance platform

BlackRock's BUIDL Fund has officially landed on the BNB Chain, becoming an accepted collateral on the Binance platform

BlackRock’s BUIDL Fund has officially landed on the BNB Chain, becoming an accepted collateral on the Binance platform

BlockBeats News, November 15th, according to official sources, BlackRock’s BUIDL Fund has now officially landed on the BNB Chain through the security token platform Securitize and the cross-chain protocol Wormhole.

By launching a new share class on the BNB Chain, the BUIDL Fund has opened a channel for accredited investors to tokenize dollar-denominated yield assets on the BNB Chain network. The fund will also serve as collateral recognized by the Binance trading platform, allowing institutions and experienced traders to explore a new path for capital-efficient allocation without losing their exposure to tokenized sovereign debt.

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