Binance revealed a strategic alliance with BlackRock that allows using the BUIDL fund as collateral, positively impacting the current BNB price. This integration seeks to connect traditional finance with the crypto ecosystem to facilitate institutional operations, as confirmed by official data from the Securitize platform.
On the other hand, institutional investors now have the ability to use their BUIDL fund holdings as direct collateral to trade on the exchange. Furthermore, the fund is available on the BNB Chain, offering a competitive management fee of 18 basis points, the lowest in the market. Likewise, the asset’s trading volume has increased by 58%, demonstrating renewed interest even though the price has experienced a slight drop of 2% recently.
Will institutional adoption take the asset to new all-time highs this year?
This move is crucial as it validates the network’s utility for high-profile tokenized real-world assets (RWAs). Thus, the asset stands out as the only token within the top 5 with a positive year-to-date return of 30%. Also, the ability to hold yield-bearing assets while meeting compliance standards is a game-changer for modern financial infrastructure and corporate capital attraction.
The asset has managed to stay above the psychological support of 900 dollars, resisting the recent bearish pressure that has affected the general digital asset market. If the price manages to overcome the 200-period exponential moving average located at 1,000 dollars, the token could recover its all-time highs before the year ends. Therefore, bulls are strongly defending this demand zone, seeking to reverse the corrective trend and capitalize on the flow of positive news regarding institutional adoption.
Finally, the entry of financial giants like BlackRock suggests a promising horizon for the cryptocurrency and its underlying network infrastructure in the long term. Therefore, the combination of institutional security and technical utility positions the asset for a potentially bullish year-end. Investors should closely watch immediate technical resistance, as a confirmed breakout would validate the recovery thesis driven by real utility and financial integration.
