The Crypto Derivatives Exchange Deribit and Spot Exchange Crypto.com receives Blackrock’s tokenized Treasury Fund as Trading Collateral for institutional and experienced clients.
Moving will allow institutional entrepreneurs to use a low-volatility, Ani-bearing digital instrument As collateral for their accounts, lowering margin requirements for leveraged trading, according to Forbes.
Coinbase, one of the world’s largest exchanges by trading volume, has announced a $ 2.9 billion deal to Get a derivit in May 2025.
The deal can expand the utility of Blackrock’s Institutional Digital Liquidity Fund (BUIDL). The fund holds nearly 40% of the tokenized Treasurys market sharing, or approximately $ 2.9 billion worth locked, according to Data From RWA.xyz.
Tokenized US treasury products are slowly emerging as a alternative to traditional stablecoinsThanks to their characteristics of bringing yield. The growth of these products reflects the broader integration of cryptocurrencies with a legacy financial system.
Related: Franklin Templeton launched ‘Intrayay Yield’ for tokenized assets in Benji
Tokenized yield-bearing government securities spread as centralization risks increased
Blackrock plans Include Buidl as a collateral asset Throughout the platforms of Crypto derivatives and centralized crypto exchanges, including OKX and Binance, in October 2024.
In January 2025, the community in charge of Frax Finance, a decentralized financial protocol (DEFI), Voted to add support for Buidl as backing collateral for Frax-USD Stablecoin (frxusd).
https://www.youtube.com/watch?v=owvy6LP9W2A
Integration Proponents Buidl is characterized as a unique -benefit.
Despite a positive outlook from the Frax financial community and other digital asset platforms, centralization concerns and the possibility of structural financial risk continues with industry executives and market participants.
Six companies including Blackrock, Franklin Templeton, Ondo Finance, Superstate, Centrifuge and Circle account for more than 88% of tokenized US Treasury Market.
Most US treasurys currently onchain are token with the Ethereum network, which is constantly leading blockchain for real-world tokenized assets. Ethereum holds $ 5.7 billion in a total of $ 7.3 billion in government security tokenized security.
Magazine: Tradfi builds Ethereum L2S to i -tacenize trillion in RWAs: Inside Story
