Crypto.com and Deribit will accept BlackRock's BUIDL funds as collateral
Crypto 7x24
2025-06-18 22:19:27
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Internet reports that crypto exchanges Crypto.com and Deribit will accept BlackRock's tokenized fund BUIDL as collateral, allowing institutional customers to use it for spot, margin, derivatives and over-the-counter (OTC) transactions. The move provides a native, income-generating, blockchain-based version of U.S. Treasuries with an annual return of 4.5%.
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