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BlackRock eyes crypto derivatives market with BUIDL as collateral – TON BOT

BlackRock eyes crypto derivatives market with BUIDL as collateral

BlackRock is negotiating with major exchanges like Binance and Deribit to use its BUIDL fund as collateral for derivatives trading, enhancing its market presence. BUIDL, requiring a minimum $5 million investment from qualified investors, is also being explored by DeFi protocols and crypto firms for financial instruments and stablecoin backing.


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