According to ChainCatcher, BlackRock's BUIDL fund has officially launched on BNB Chain through the security token platform Securitize and the cross-chain protocol Wormhole.
The BUIDL Fund opens a new channel for accredited investors to allocate tokenized USD-yielding assets within the BNB Chain network by introducing a new share class on the BNB Chain. The fund will also become collateral recognized by the Binance trading platform, providing institutional and experienced traders with a new path for efficient capital allocation without abandoning their exposure to tokenized government bonds.
