Securitize expands use of BlackRock’s BUIDL as institutional collateral

Securitize has expanded support for using BlackRock’s tokenized fund BUIDL as collateral in crypto prime brokerage, NewsBTC reported. Eligible institutional investors can now post BUIDL tokens as off-exchange collateral through supported prime brokers. BUIDL is BlackRock’s tokenized fund that invests in traditional financial assets including U.S. Treasuries.