Binance adds BlackRock’s BUIDL as off-exchange collateral for institutional traders

The recent integration of BlackRock’s BUIDL as off-exchange collateral on Binance signifies a pivotal moment for institutional trading in cryptocurrency. This $2.5 billion tokenized Treasury fund, as highlighted in related articles, not only enhances Binance's collateral offerings but also reflects a broader trend of traditional financial instruments entering the crypto space. The collaboration between Binance, BlackRock, and Securitize underscores the growing acceptance of tokenized assets, which could reshape trading dynamics and attract more institutional capital into the cryptocurrency market.