Binance adds BlackRock’s BUIDL as collateral for institutional traders

Binance's recent partnership with Securitize marks a significant step in the cryptocurrency landscape, particularly as it allows institutional traders to utilize BlackRock's tokenized fund as collateral. This move aligns with broader trends in the financial sector where traditional asset management firms like BlackRock are increasingly integrating with cryptocurrency platforms. The collaboration not only expands access to innovative financial products but also reflects a growing acceptance of digital assets within institutional trading frameworks, as highlighted by similar initiatives in the industry.