Crypto.com and Deribit will accept BlackRock's BUIDL fund as collateral
2025-06-18 13:16:06
Crypto exchanges Crypto.com and Deribit will accept BlackRock's tokenized fund BUIDL as collateral, allowing institutional clients to use it for spot, margin, derivatives, and over the counter (OTC). The move provides a yield-producing, blockchain-based native version of U.S. Treasuries with annual returns of 4.5%.
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