**News Flash: BlackRock's Tokenized Fund in Talks for Derivatives Collateral**
Big news in the crypto world! BlackRock is reportedly in early discussions to list its tokenized money market fund, BUIDL, as collateral for derivatives trading on major exchanges like Binance, Deribit, and OKX. đ
- **Ondo Finance's Governance Token (ONDO)**: Spiked to 79 cents, up nearly 9% in 24 hours.
- **Tokenized Collateral**: Allows traders to earn yield while using assets for margin trading.
- **Market Impact**: BUIDL is the largest tokenized offering, with over $550M in assets.
What do you think about tokenized assets as collateral? Share your thoughts in the comments!
