Binance Embraces BlackRock’s $2.9B BUIDL Fund as Collateral on BNB Chain
BlackRock's tokenized U.S. Treasury fund, BUIDL, has expanded its reach by launching on BNB Chain, a significant milestone in bridging traditional finance with the digital asset space. The $2.9 billion fund, which provides qualified investors exposure to U.S. Treasuries with a 3.7% yield, has gained immediate utility through Binance's integration as off-exchange collateral for institutional traders. This development leverages Securitize's tokenization technology, further solidifying the growing synergy between institutional finance and blockchain innovation. The MOVE not only enhances liquidity options for traders but also underscores the increasing adoption of tokenized assets by major financial players. As of November 2025, this collaboration between BlackRock and Binance represents a pivotal moment in the maturation of crypto-based financial instruments, offering investors new avenues for yield generation while maintaining exposure to traditional safe-haven assets.
BlackRock's $2.9B BUIDL Fund Expands to BNB Chain, Binance Adopts as Collateral
BlackRock's tokenized U.S. Treasury fund, BUIDL, has launched on BNB Chain, marking a significant step in the convergence of traditional finance and digital assets. The $2.9 billion fund, which offers qualified investors exposure to U.S. Treasuries with a 3.7% yield, gains immediate utility through Binance's integration as off-exchange collateral for institutional traders.
The move leverages Securitize's tokenization expertise and Wormhole's cross-chain interoperability, enabling seamless asset movement across blockchain networks. This development accelerates the Real-World Asset (RWA) tokenization trend, combining the stability of Treasury products with crypto market efficiency.
BNB Chain's adoption of the world's largest tokenized RWA fund underscores growing institutional demand for blockchain-based yield solutions. BlackRock's expansion into decentralized finance infrastructure signals deepening maturity in crypto asset adoption.
Zcash (ZEC) Defies Market Downturn with 42% Surge
Zcash (ZEC) has outperformed the broader cryptocurrency market, rallying 42% to $712.31 amid declines in Bitcoin and Ethereum. The surge is attributed to strong technical indicators, heightened investor interest, and significant trading activity on Binance.
While Bitcoin fell 6% from its weekly high and ethereum dropped 8%, ZEC's momentum was bolstered by $8.92 billion in futures volume and $1.44 billion in spot trading. Binance emerged as a key driver, with inflows reflecting growing market confidence.
High-profile investments, including those from Cypherpunk Technologies, have further fueled ZEC's rise. Analysts now speculate a potential push toward $1,000 if bullish trends persist.
Technical analysis reveals a robust support zone between $450 and $500, with the MACD indicator reinforcing upward momentum. Zcash's defiance of market headwinds positions it as a standout performer in an otherwise bearish landscape.