This $2.5 Billion BlackRock Fund Is Coming to Binance and BNB Chain
- BUSINESS
- EXCHANGE
- BNB
Overview
BlackRock is set to expand its $2.5 billion USD Institutional Digital Liquidity Fund, known as BUIDL, to Binance and the BNB Chain. This announcement was made by Securitize on Friday.
What Happened
The expansion of BlackRock’s Institutional Digital Liquidity Fund signifies a significant move into the cryptocurrency space, particularly targeting Binance and the BNB Chain. This fund, which is valued at $2.5 billion, aims to enhance liquidity in the digital asset market. The involvement of a major financial institution like BlackRock is noteworthy, as it reflects growing institutional interest in cryptocurrency.
Impact on the crypto market
- The expansion of a major fund into Binance and BNB Chain may increase liquidity in these markets.
- Institutional involvement could enhance credibility and attract more investors to the crypto space.
- The move could lead to increased trading activities on Binance and within the BNB ecosystem.
- There may be a positive sentiment shift in the market as institutional funds are seen as a sign of confidence.
- This could potentially pave the way for further institutional investments in cryptocurrencies.
Updated: 11/14/2025, 4:30:55 PM