Article Details

BlackRock Seeks Bigger Foothold in Crypto Derivatives Market - Yahoo Finance

Retrieved on: 2024-10-18 16:35:11

Tags for this article:

Click the tags to see associated articles and topics

BlackRock Seeks Bigger Foothold in Crypto Derivatives Market - Yahoo Finance. View article details on hiswai:

Summary

BlackRock is expanding into cryptocurrency by promoting its BUIDL token as collateral for derivatives trading with large exchanges like Binance and OKX. This positions the token against stablecoins like Tether, traditionally used in these transactions. Hedge funds are a key target market.

Article found on: finance.yahoo.com

View Original Article

This article is found inside other hiswai user's workspaces. To start your own collection, sign up for free.

Sign Up