Collateral

BlackRock Proposes BUIDL Token for Crypto Exchange Collateral

2 months ago

In a significant move within the cryptocurrency landscape, BlackRock, the world's largest asset manager, has put forth a groundbreaking proposal aimed at enhancing the security and efficiency of crypto exchanges. This initiative revolves around the adoption of the BUIDL token as collateral for trading operations on these platforms. This proposal could potentially reshape the way risk management is approached in the rapidly growing crypto trading ecosystem.

Use of BlackRock Tokens as Collateral Moves Closer to Mainstream

3 months ago

The deal constitutes an important step in the integration of BlackRock tokens into core financial applications. The behemoth asset manager is now poised to cross a new threshold, enabling its tokenized assets to be extended as security against a host of financial transactions, constituting perhaps the next leg in the journey of digital asset inroads into mainstream finance-and a first for the financial world.