News Explorer — BlackRock's BUIDL Fund Expands to Binance and BNB Chain

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Nov 14, 3:44 pm

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BlackRock's BUIDL Fund Expands to Binance and BNB Chain

Securitize announced that BlackRock's $2.5 billion USD Institutional Digital Liquidity Fund (BUIDL) is now expanding to Binance and BNB Chain, offering a tool for institutional traders. BUIDL, backed by U.S. Treasuries, has seen a 3.7% annualized yield and is integrated into Binance's custody service, Ceffu.

Securitize announced that BlackRock's $2.5 billion USD Institutional Digital Liquidity Fund (BUIDL) is now expanding to Binance and BNB Chain, offering a tool for institutional traders. BUIDL, backed by U.S. Treasuries, has seen a 3.7% annualized yield and is integrated into Binance's custody service, Ceffu.

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