Securitize, the leading platform for tokenizing real-world assets, 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."