BlackRock's BUIDL Fund Expands to BNB Chain with Wormhole Interoperability
Darius Baruo Nov 14, 2025 11:05
BlackRock's USD Institutional Digital Liquidity Fund (BUIDL) expands to BNB Chain, enhancing interoperability with Wormhole. This move highlights the growing demand for multichain access and DeFi integration.
The BlackRock USD Institutional Digital Liquidity Fund (BUIDL), tokenized by Securitize, has announced its expansion to the BNB Chain, marking a significant step in the fund's multichain strategy. This expansion, powered by the interoperability capabilities of Wormhole, underscores the growing demand for accessing diverse blockchain ecosystems, according to Wormhole.
Integration with BNB Chain's DeFi Landscape
Having launched in March 2024, BUIDL has established itself as a pivotal product in the realm of institutional onchain asset management. The fund, which offers qualified investors access to U.S. dollar yields, is now available across nine blockchain networks, including Ethereum, Polygon, and Solana. The integration with BNB Chain allows BUIDL to tap into one of the largest DeFi ecosystems, facilitating interactions with various lending protocols and liquidity venues.
The BNB Chain is known for its extensive protocol support and cost-effectiveness, making it an attractive platform for institutional tokenized assets. This strategic move is indicative of the increasing institutional appetite for multichain infrastructure, with a significant portion of BUIDL's assets now deployed beyond Ethereum.
Wormhole's Role in Multichain Expansion
Wormhole serves as the official interoperability provider for Securitize, enabling secure multichain transfers for tokenized funds. The platform has facilitated over $70 billion in asset transfers, validating a vast number of cross-chain messages across more than 40 blockchains. This infrastructure is crucial for institutional investors seeking to maintain security and regulatory compliance while expanding their blockchain presence.
"BUIDL’s expansion to BNB Chain represents another important step in making tokenized real-world assets accessible across the most widely used and scalable blockchain environments," said Carlos Domingo, Co-founder and CEO of Securitize. "With Wormhole’s interoperability, we’re building a connected tokenized economy that allows assets like BUIDL to move where the liquidity and innovation are."
The Future of Institutional Tokenization
The move to BNB Chain reflects a broader trend in the institutional investment landscape, where the ability to operate across multiple blockchains is becoming essential. The seamless connectivity offered by Wormhole ensures that BUIDL remains a leading player in the tokenized treasury market, capable of capturing opportunities across different blockchain ecosystems.
This development highlights the necessity for infrastructure that supports efficient asset movement between networks, a critical factor as tokenized products continue to scale. The integration with BNB Chain positions BUIDL to capitalize on the growing DeFi opportunities while maintaining its robust regulatory framework.
Overall, the expansion of BlackRock's BUIDL fund to the BNB Chain, facilitated by Wormhole's interoperability, marks a significant advancement in the accessibility and liquidity of tokenized institutional assets. This move is poised to enhance the fund's reach and effectiveness in the rapidly evolving DeFi landscape.
Image source: Shutterstock.jpg)