According to Wu, Forbes reports that the BUIDL fund launched by asset management company BlackRock in collaboration with asset tokenization company Securitize has now been accepted as compliant collateral by two major trading platforms, Cryptocom and Deribit. This means that institutional and professional traders can use these "yield-generating on-chain dollar assets" as Margin for Spot, leverage, futures, and Options trading.
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According to Wu, Forbes reports that the BUIDL fund launched by asset management company BlackRock in collaboration with asset tokenization company Securitize has now been accepted as compliant collateral by two major trading platforms, Cryptocom and Deribit. This means that institutional and professional traders can use these "yield-generating on-chain dollar assets" as Margin for Spot, leverage, futures, and Options trading.