BlackRock Pushes to Position BUIDL Token as Collateral in Crypto Derivatives Market

BlackRock Pushes to Position BUIDL Token as Collateral in Crypto Derivatives Market

BlackRock is reportedly exploring ways to introduce its digital money-market token, BUIDL, as collateral in cryptocurrency derivatives trading. According to sources cited by Bloomberg, the asset management giant is currently in discussions with leading crypto exchanges, including Binance, OKX, and Deribit, to enable the use of BUIDL in this capacity. BUIDL is a token specifically designed for qualified institutional investors, with a minimum ...

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