BUIDL | Crypto

BUIDL tokens are used in crypto market infrastructure and as collateral, bridging traditional finance and blockchain technology.

BlackRock’s tokenized money market fund has distributed $100 million from Treasury yields, offering a real-world test of blockchain-based financial infrastructure. BlackRock’s first tokenized money market fund has paid out $100 million in cumulative dividends since its launch, highlighting the growing real-world use of tokenized securities amid rising institutional adoption. The milestone for the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) was announced Monday by Securitize, which serves as the fund’s issuer and tokenization partner, overseeing onchain issuance and investor onboarding. Launched in March 2024, BUIDL was initially issued on the Ethereum blockchain. The fund invests in short-term, US dollar–denominated assets, including US Treasury bills, repurchase agreements and cash equivalents, offering institutional investors a blockchain-based vehicle to earn yield while maintaining liquidity. Read more

The integration marks another step in centralized exchanges adopting tokenized Treasurys, expanding RWA collateral across major trading platforms. Binance has begun accepting BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) as off-exchange collateral, giving institutions a way to trade on the exchange while keeping their assets with custodians. The integration combines BlackRock’s onchain money market fund with Binance’s custody systems, enabling traders to earn yield on BUIDL while using it to support trading positions on the exchange. A new BUIDL asset class will also launch on BNB Chain, expanding the token’s reach beyond Ethereum and opening it to a wider set of onchain applications, according to a blog post by Binance on Friday. Read more

Tokenization platform Securitize is looking to integrate with the XRP Ledger (XRPL), a step that could bring BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) directly onto the blockchain network, according to a Sept. 23 statement. This impending move signals a deepening link between institutional finance and blockchain infrastructure, while also expanding XRPL’s presence in the […] The post BlackRock’s $2 billion BUIDL fund may soon expand to XRP Ledger appeared first on CryptoSlate.

Crypto trading platforms increasingly adopt blockchain-native assets like the USDC stablecoin and tokenized treasuries such as BlackRock’s BUIDL to enhance collateral efficiency in derivatives markets. These instruments offer a blend of stability, yield, and compliance, making them attractive to institutional players seeking capital optimization. USDC and BUIDL gain momentum in crypto derivatives On June 18, […] The post Circle’s USDC and BlackRock’s BUIDL spearhead collateral innovation in derivatives markets appeared first on CryptoSlate.

BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) expanded by about $1 billion between March 26 and June 11, representing roughly half of the $2 billion growth of the tokenized US treasuries market in the period. According to rwa.xyz data, BUIDL’s size is $2.89 billion as of June 11. It is the largest tokenized money fund, […] The post BlackRock’s BUIDL nears $3B, registers 3x increase in less than 90 days appeared first on CryptoSlate.

sBUIDL can be used as collateral, traded or deployed in DeFi protocols while maintaining exposure to yield from underlying Treasurys. SBUIDL is BlackRock’s first tokenized fund with native decentralized finance (DeFi) capabilities. SBUIDL is the DeFi-compatible version of BlackRock’s $1.7-billion tokenized money market fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL). BlackRock’s sBUIDL fund is more than just a digitized version of a treasury; it’s a glimpse into a future where traditional finance flows through decentralized pipes.  Read more