PANews reported on November 14th that, according to a Binance announcement, BlackRock's BUIDL fund, the world's largest tokenized RWA product, has been incorporated into Binance's institutional offline collateral system. Institutional users can now use it as collateral for off-exchange custodial transactions. BUIDL will also launch a new share class on BNB Chain, further promoting the on-chain integration of RWA. Binance stated that this move allows institutions to hold interest-bearing, compliant RWA assets in third-party custody while simultaneously accessing exchange liquidity, achieving higher capital efficiency and reducing counterparty risk.
Binance includes BlackRock's BUIDL fund in its institutional offline mortgage framework.
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Author: PA一线
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