Blackrock Targets $3 Trillion Crypto Derivatives Market, Quietly Pushing Game-Changing Token

Bitcoin com 11 months ago 315

Blackrock Targets $3 Trillion Crypto Derivatives Market, Quietly Pushing Game-Changing Token

Blackrock, the world’s largest asset manager, is reportedly seeking to disrupt the $3 trillion crypto derivatives market by pushing to have its BUIDL ($1.00) token accepted as collateral. Discussions are ongoing with major exchanges like Binance and Deribit. The token’s interest-paying structure could appeal to institutional investors seeking alternative collateral options in the growing derivatives sector. […]

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