PANews reported on June 18 that according to Forbes, crypto exchanges Crypto.com and Deribit will accept BlackRock's (@BlackRock) tokenized fund BUIDL as collateral, allowing institutional clients to use it for spot, margin, derivatives, and over-the-counter (OTC) transactions. This move provides a native blockchain-based version of U.S. Treasuries that can generate income, with an annual return of 4.5%.
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