BlackRock’s $2.5B tokenized BUIDL accepted as off-exchange collateral on Binance for institutional traders; launching on BNB Chain

BlackRock’s $2.5 billion Institutional Digital Liquidity Fund (BUIDL), a tokenized U.S. Treasury-backed money market fund, is now available on BNB Chain and has been accepted as collateral on Binance. Binance integrated BUIDL into its Ceffu custody service. The fund has expanded to eight blockchains, has about 93 holders, and averaged a 3.7% annualized yield over the past week (per RWA.XYZ), positioning it to meet institutional demand for interest-bearing, stable assets.
AI Analysis
Facts: A $2.5B tokenized, U.S. Treasury-backed money market fund (BUIDL) was added as collateral on Binance and integrated into Binance’s Ceffu custody; it launched on BNB Chain, expanded to eight blockchains, has ~93 holders, and averaged a 3.7% annualized yield last week. These concrete integrations and yield data make the news positively relevant to market participants but not an extreme, immediate price driver.