BlackRock BUIDL Launches on BNB Chain, Cuts Fees and Boosts Speed
BlackRock BUIDL, the firm’s tokenized U.S. Treasury fund, has launched on the BNB Chain as its second major deployment after Ethereum. Leveraging Securitize’s tokenization platform and Wormhole’s cross-chain bridge, the fund enables low-cost transactions—often below $0.01 per trade—and high throughput exceeding 100 TPS. On-chain assets under management include $500 million on BNB Chain and $2.9 billion across all networks. Traders can use BUIDL tokens as off-exchange collateral on Binance, reducing counterparty risk and unlocking leveraged trading in spot, futures and options. Daily yield accrues via smart contracts under SEC Rule 506(c), while audits by Deloitte and compliance from partners support institutional adoption. This multi-chain expansion highlights growing demand for tokenized real-world assets (RWAs), promising enhanced liquidity and dollar-denominated returns for crypto markets.
Bullish
The BlackRock BUIDL fund’s launch on BNB Chain is likely bullish for BNB. By attracting institutional capital and tokenizing $500 million in U.S. Treasuries on BNB Chain, the news drives demand for BNB gas fees and network transactions. The integration of real-world assets and off-exchange collateral use deepens liquidity and trading volume for BNB, suggesting higher token utility and network activity. In the short term, increased on-chain transactions and collateral flows may boost BNB demand; in the long term, sustained RWA tokenization could reinforce BNB Chain’s appeal as an institutional-grade DeFi platform, supporting continued price strength.