Well now, gather ’round, folks! It seems that the fine folks at Deribit and Crypto.com have decided to throw their hats in the ring with BlackRock’s shiny new tokenized US Treasury fund. Yes, you heard that right! They’re accepting it as trading collateral for those institutional bigwigs and seasoned traders. Who knew finance could be so thrilling? 🎩💰
//s3.cointelegraph.com/uploads/2025-06/019783fb-7b5d-7aa1-b220-4c7ce28d1dfb”/>
Now, this deal is set to expand the utility of BlackRock’s Institutional Digital Liquidity Fund (BUIDL). This fund is holding onto nearly 40% of the tokenized Treasurys market share, which is about $2.9 billion in value locked up tighter than a drum, according to the folks at RWA.XYZ. Talk about a treasure chest! 🏴☠️
//www.youtube.com/watch?v=Owvy6LP9W2A[/embed]
Proponents of this integration are singing BUIDL’s praises, claiming it provides deeper liquidity, transfer options, and lower counterparty risk. After all, who wouldn’t want to use a collateral asset created and backed by the world’s largest asset manager, BlackRock, with a staggering $11.5 trillion in assets under management? That’s more money than a cat has lives! 🐱💸
But hold your horses! Despite the rosy outlook from the Frax Finance community and other digital asset platforms, centralization concerns and the specter of structural financial risk loom large among industry executives and market participants. It’s like a dark cloud hanging over a sunny picnic! ☁️
Six firms, including BlackRock, Franklin Templeton, Ondo Finance, Superstate, Centrifuge, and Circle, account for over 88% of the tokenized US treasury market. That’s a whole lot of power in just a few hands, folks! 🤔
Most of the US Treasurys currently on-chain were tokenized on the Ethereum network, which continues to reign supreme as the leading blockchain for real-world tokenized assets. Ethereum is holding onto $5.7 billion of the total $7.3 billion in tokenized government securities. It’s like the heavyweight champion of the blockchain world! 🥇
Read More
- Clash Royale Best Boss Bandit Champion decks
- PUBG Mobile or BGMI A16 Royale Pass Leaks: Upcoming skins and rewards
- Mobile Legends November 2025 Leaks: Upcoming new heroes, skins, events and more
- Clash Royale Season 77 “When Hogs Fly” November 2025 Update and Balance Changes
- The John Wick spinoff ‘Ballerina’ slays with style, but its dialogue has two left feet
- Kingdom Rush Battles Tower Tier List
- Delta Force Best Settings and Sensitivity Guide
- How To Romance Morgen In Tainted Grail: The Fall Of Avalon
- Will Bitcoin Keep Climbing or Crash and Burn? The Truth Unveiled!
- 🚀 Shiba Inu’s $0.00001 Dream: Will It Bark Back or Roll Over? 🐶
2025-06-18 21:28