BlackRock partners with Binance to promote integration of BUIDL Fund and launch on Binance Smart Chain.

As a result of the collaboration between the world's largest asset management company and the world's top cryptocurrency exchange, the world's largest tokenized national debt fund - BlackRock USD Institutional Digital Liquidity Fund has now officially expanded to the Binance Smart Chain. As of this Friday, this fund with assets under management exceeding $2.5 billion can also serve as off-chain collateral for users to conduct trading operations on the Binance platform. Binance and BlackRock stated in a joint declaration: "This collaboration further cements BUIDL as a core foundational asset of decentralized finance. Institutional clients of Binance worldwide and experienced traders can use this fund to continuously hold tokenized national debt-related assets and improve the efficiency of fund allocation."