01 /
Brief
Largest crypto exchange by volume. Distribution partner for tokenized assets including Ondo products.
02 /
Recent activity
Latest moves on the changelog feed.
- Apr 5, 2026WIRED
Binance → BUIDL. Off-exchange collateral for institutional trading.
03 /
Snapshot
Key terms and identifiers.
- Asset classes
- Treasuries, Equities
- Regulatory
- uae-vara, mica, japan-fsa
- Analytics
- defillama.com/protocol/binance-cex
04 /
Milestones
How this player got here.
- Apr 2026Binance → BUIDL. Off-exchange collateral for institutional trading.
05 /
Connections
Who they build with, build on, integrate with.
Flow
Capital, products, and distribution moving outward.
Dependency
Where this player builds on, integrates, or relies on others.





