Binance accepts BlackRock's $2.5B tokenized fund as collateral. Binance announced Friday that it will accept BlackRock's $2.5 billion BUIDL tokenized money market fund as off-exchange collateral for institutional trading, marking one of the most substantial integrations yet between traditional finance and cryptocurrency infrastructure. The move allows institutional traders to pledge the yield-bearing token—backed by U.S. Treasury bills and paying roughly 4% annually—while actively trading on the world's largest crypto exchange.
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