BlackRock is in early-stage talks to list its BUIDL token as collateral on exchanges like Binance, Deribit, and OKX. This would allow traders to use yield-generating tokens instead of stablecoins as collateral. đč
Ondo Financeâs governance token ONDO gained 9% on this news. Tokenization platform Ondo is drawing attention with this move by BlackRock.
Tokenized collateral assets can be used as collateral for trading while also providing returns to investors. đŒ
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