BlackRock’s USD Institutional Digital Fund (BUIDL) is now accepted as collateral on Crypto.com and Deribit, marking a significant milestone in the tokenized securities space. The fund, backed by US Treasuries, offers a stable and yield-generating alternative for crypto investors. This move highlights the growing adoption of real-world asset (RWA) tokenization in the crypto ecosystem.
- BUIDL offers a 4.5% annual yield, outperforming traditional bank savings while maintaining stability.
- Deribit and Crypto.com’s adoption of BUIDL lowers collateral risks and frees up capital for trading.
- Ethereum dominates RWA tokenization with 60% market share, while BUIDL leads with 12% of the sector’s $24B TVL.
📎 Related coverage from: cryptopotato.com
