BUIDL becomes the first tokenized U.S. Treasury fund to be accepted as collateral across multiple leading exchanges
MIAMI, June 18, 2025 /PRNewswire/ -- Securitize, the leading platform for tokenizing real-world assets, today announced that the BlackRock USD Institutional Digital Liquidity Fund ("BUIDL"), will now be accepted as collateral on two of the most active crypto exchanges in the world: Crypto.com and Deribit, cementing its role as a foundational building block in on-chain finance.
"With BUIDL now accepted as collateral on Crypto.com and Deribit, the fund is evolving from a yield-bearing token into a core component of crypto market infrastructure," said Carlos Domingo, Co-Founder and CEO of Securitize. "Tokenized Treasuries are being actively used to improve capital efficiency and risk management across some of the industry's most sophisticated trading venues, while still offering yield."
BUIDL's liquidity is also bolstered by Ethena Labs' recently launched USDtb Liquidity Fund, allowing investors to swap BUIDL for the USDtb stablecoin. USDtb's integration creates new possibilities for BUIDL holders to unlock stable liquidity, maintain on-chain yield exposure, and access a broader range of DeFi strategies to deepen the utility of tokenized securities.
The Crypto.com Exchange, a top global exchange platform for advanced and institutional users, now allows qualified institutional clients and advanced traders to post BUIDL as collateral.
"Providing advanced and institutional traders the best possible trading experience is our continuous goal with the Crypto.com Exchange," said Eric Anziani, President and COO of Crypto.com. "BUIDL is a leading tokenized fund, and we're excited to give our users the ability to unlock more trading opportunities by using it as collateral."
Deribit, the world's largest crypto options exchange by volume, is also joining this wave of adoption. Institutional clients on Deribit will now be able to post BUIDL as collateral for trading futures and options, creating more flexibility in capital allocation while benefiting from the relative price stability of tokenized Treasuries. In connection with this functionality, Deribit will enable users to trade BUIDL on its exchange, further expanding exposure to its global user base.
"This collaboration signifies a pivotal advancement in the crypto derivatives market, offering our clients increased exposure to the largest tokenized short-term treasury fund in the world," said Luuk Strijers, Chief Executive Officer at Deribit. "By incorporating BUIDL, we aim to enhance trading efficiency and provide our users with diversified collateral options, reflecting our commitment to innovation and meeting the evolving needs of institutional investors."
To learn more about BUIDL, visit securitize.io/invest.
About Securitize
Securitize, the leader in tokenizing real-world assets with $4B+ AUM (as of May 14, 2025), is bringing the world on-chain through tokenized funds in partnership with top-tier asset managers, such as Apollo, BlackRock, Hamilton Lane, KKR, and others. Securitize, through its subsidiaries, is a SEC-registered broker dealer, digital transfer agent, fund administrator, and operator of a SEC-regulated Alternative Trading System (ATS). Securitize has also been recognized as a 2025 Forbes Top 50 Fintech company.
For more information, please visit:
Website | X/Twitter | LinkedIn
Press Contact: Tom Murphy
About BlackRock
BlackRock's purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading financial technology provider, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate.
About Crypto.com
Founded in 2016, Crypto.com is trusted by more than 140 million customers worldwide and is the industry leader in regulatory compliance, security and privacy. Our vision is simple: Cryptocurrency in Every Wallet™. Crypto.com is committed to accelerating the adoption of cryptocurrency through innovation.
Learn more at https://crypto.com.
About Deribit
Deribit is a centralized, institutional-grade crypto derivatives exchange for options and futures trading based in Dubai, United Arab Emirates. Deribit's state-of-the-art infrastructure offers instantaneous price discovery, low latency trading, advanced risk mitigation services, and deep liquidity via its network of top-tier market makers. Led by a team with decades of experience in options trading across all markets, Deribit facilitates a significant majority of all crypto options trading and has robust proof of assets and liabilities procedures to ensure the exchange is held to the highest of standards. Deribit has been consistently acknowledged as a leader in the space as one of few exchanges to secure the ISO 27001 certificate and was named Best Exchange for Innovation by Hedgeweek.
For additional information, visit: https://www.deribit.com
Securitize Disclosures
Securities are offered through Securitize Markets, LLC, ("Securitize Markets") a registered broker-dealer and member FINRA/SIPC. Securitize Markets, LLC, and Securitize Capital, an Exempt Reporting Adviser, are not involved in Real-World Asset (RWA) tokenization, a service provided by Securitize. Assets such as digital assets or tokens using blockchain, are speculative, involve a high degree of risk, are generally illiquid, may have no value, have limited regulatory certainty, are subject to potential market manipulation risks and may expose investors to loss of principal.
Securitize, Inc. (Securitize) is a Delaware corporation. Securitize is a technology provider which, together with its affiliates, maintains an end-to-end web-based platform used by issuers for issuing securities, specifically including digital asset securities. Securitize is not a registered broker-dealer.
Securitize, LLC is a transfer agent registered with the U.S. Securities and Exchange Commission.
Securitize Markets also operates Securitize Markets ATS, an alternative trading system. Securitize Capital, LLC is an exempt reporting adviser filed with the State of Florida.
View original content to download multimedia:https://www.prnewswire.com/news-releases/blackrocks-buidl-tokenized-by-securitize-accepted-as-collateral-on-cryptocom-and-deribit-302484633.html
SOURCE Securitize
(0) comments
Welcome to the discussion.
Log In
Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.