BlackRock Partners with Binance to Advance BUIDL Fund Integration and Launch on Binance Smart Chain

As a result of the collaboration between the world's largest asset management company and the leading global cryptocurrency exchange, the world's largest tokenized treasury fund—BlackRock USD Institutional Digital Liquidity Fund (BUIDL)—has officially expanded to the Binance Smart Chain. As of this Friday, this fund, which manages over $2.5 billion in assets, can also be used as an over-the-counter collateral asset for users to conduct trading operations on the Binance platform. In a joint statement, Binance and BlackRock stated: 'This collaboration further solidifies BUIDL's position as a core foundational on-chain financial asset. Binance's global institutional clients and experienced trading users can leverage this fund to continuously hold tokenized treasury-related assets while enhancing the operational efficiency of capital allocation.'