Title: Blackrock Targets $3 Trillion Crypto Derivatives Market, Quietly Pushing Game-Changing Token
Post by: Bitcoin on Oct 19, 2024, 04:50 am
Post by: Bitcoin on Oct 19, 2024, 04:50 am
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 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. […]
Source: Blackrock Targets $3 Trillion Crypto Derivatives Market, Quietly Pushing Game-Changing Token (https://news.bitcoin.com/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 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. […]Source: Blackrock Targets $3 Trillion Crypto Derivatives Market, Quietly Pushing Game-Changing Token (https://news.bitcoin.com/blackrock-targets-3-trillion-crypto-derivatives-market-quietly-pushing-game-changing-token/)