Tokenized Treasuries Connect Conventional Finance with the Digital Asset World

BlackRock’s tokenized U.S. Treasury fund, known as BUIDL, marks a significant step in merging traditional finance with blockchain technology. It is now accepted as collateral for institutional trading on Binance and is expanding to the

Chain. This update, revealed on Friday by and Binance, enables traders to use BUIDL—which holds $2.5 billion in assets—as collateral outside of exchanges, all while adhering to compliance standards. This move highlights the increasing influence of tokenized real-world assets (RWA) in the cryptocurrency sector, as BUIDL becomes part of a growing wave of institutional-grade assets being brought onto blockchain platforms .

The BUIDL token, which earns returns from U.S. Treasury investments, is now accessible on the BNB Chain, boosting its compatibility with decentralized finance (DeFi) platforms.

noted that this project “introduces core elements of traditional finance to the blockchain space,” demonstrating a strategic effort to connect established financial products with Web3 technologies. Binance’s adoption of the fund, as the largest crypto exchange by trading volume, represents a move toward using tokenized assets as both collateral and liquidity sources in institutional trading .

This trend is consistent with broader expectations for the RWA sector, which is projected to grow rapidly as tokenization connects traditional and digital finance.

predicts that the global RWA tokenization market could hit $16.1 trillion by 2030, while Citi GPS anticipates private markets could expand 80 times to $4 trillion by the same year. These projections emphasize the promise of asset-backed tokens to deliver greater transparency, efficiency, and regulatory compliance in the evolving crypto market.

Regulatory progress is also fueling this momentum.

a “token taxonomy” initiative to clarify how crypto assets are classified, with Chairman Paul Atkins suggesting that as blockchain networks develop, network tokens and NFTs may no longer be considered securities. At the same time, new rules that could allow stablecoins to be used as collateral in derivatives markets, potentially broadening the use of tokenized assets by 2026.

Treasure Global, a fintech company based in Malaysia, is a prime example of the RWA surge through its collaboration with UNIRWA, a token project backed by reserves. Its subsidiary, Tadaa Technologies, now oversees

, with the goal of building recurring revenue and expanding fintech solutions across Southeast Asia. This reflects a wider movement of companies using tokenization to create transparent, structured digital assets.

As tokenized Treasuries and RWAs become more prevalent, they are transforming capital efficiency and settlement processes. BNY Mellon has recently introduced a money market fund designed for stablecoin issuers, while platforms like Mantle and Bybit are tokenizing U.S. equities to enable round-the-clock trading

. These advancements point to a maturing market where blockchain technology works alongside traditional finance, propelled by clearer regulations and greater institutional participation.