🚨BlackRock's blockchain-based money market fund #BUIDL will be accepted as collateral on Cryptø-côm and Deribit.
🔹This allows institutional traders to use low-volatility, interest-bearing 🇺🇸U.S. Treasury tokens for margin. With $2.9B AUM since March 2024, BUIDL's adoption aims to enhance trading efficiency and capital allocation in the crypto ecosystem.