In the era of deep integration between cryptocurrency and traditional finance, BounceBit, as a leading Bitcoin re-staking protocol and CeDeFi (a combination of centralized and decentralized finance) infrastructure provider, is redefining investment boundaries through a strategic partnership with global asset management giant BlackRock. In May 2025, BounceBit announced a deep integration with BlackRock's USD Institutional Digital Liquidity Fund (BUIDL), launching an innovative dual-yield strategy. This collaboration not only provides sustainable high-yield paths for institutional and retail investors but also marks a new height in the practicality of real-world assets (RWA) on the blockchain. As of October 2025, this partnership has expanded into areas such as NFT collectibles issuance, attracting global investors' attention. This article will delve into the details, advantages, and prospects of this collaboration, helping investors seize golden opportunities in the DeFi wave.
Collaboration background: The strategic significance of BlackRock's BUIDL fund.
As the world's largest asset management company, BlackRock manages over $10 trillion in assets. Its BUIDL fund was launched in March 2024, tokenized by Securitize, supporting multiple chains like Ethereum, Aptos, and Polygon. The fund is essentially a tokenized money market fund that invests in short-term U.S. Treasury bonds, offering stable dollar returns with an annualized yield of approximately 5%. BUIDL's innovation lies in seamlessly bridging traditional financial assets to blockchain, addressing the liquidity pain points of RWA that previously 'only held treasury yields'.
BounceBit founder and CEO Jack Lu emphasized in the collaboration announcement: 'This strategy allows investors to simultaneously capture U.S. Treasury yields and arbitrage returns from Bitcoin derivatives trading.' The BounceBit platform, with its core competencies in Bitcoin re-staking and derivatives trading, achieves a multi-tiered yield solution for CeDeFi by integrating BUIDL as collateral. This is not just a technical integration but also a 'safe passage' for traditional institutional investors into the cryptocurrency market.
Core innovation: Breakthrough of dual return strategy.
The collaboration between BounceBit and BlackRock first launches the 'BB Prime' product line, a CeDeFi application specifically designed for RWA. Core strategies include:
Bitcoin basis trading and put option shorting: Using BUIDL tokens as collateral for three-month Bitcoin basis trading (annualized approximately 5%) and BTC put option strategies (additional contribution of about 20% APY). Pilot testing shows total annualized returns exceeding 24%, far surpassing stablecoin collateral strategies (which yield no additional returns).
Global market access: Investors can gain exposure to U.S. Treasury bonds through BUIDL while also layering Bitcoin derivatives returns, applicable to users in Asia, Europe, and the Americas. Compared to traditional stablecoins, this strategy adds an additional tier of Treasury bond returns, enhancing overall return stability.
Institutional-level expansion: BB Prime will soon be open to institutional and retail users, supporting batch trading and automated management, lowering barriers to entry.
The successful pilot of this strategy demonstrates the practical value of RWA: BUIDL is no longer 'idle assets' but a 'productive tool' active in the derivatives market. According to a BounceBit spokesperson, this initiative paves the way for the official launch of BB Prime, which is expected to drive large-scale adoption of RWA in CeDeFi.
Expanded applications: NFTs and ecological incentives.
Collaboration goes beyond financial strategies. On May 20, 2025, BounceBit and BlackRock jointly launched a limited series of 1,000 'Black Rocks' NFT collectibles to commemorate this milestone. The series is divided into five rarity tiers: Mythic, Legendary, Epic, Rare, and Common, symbolizing 'resilience, innovation, and excellence'. Participants can mint for free (only requiring a small amount of BB tokens to pay the Gas fee) by completing simple tasks on the BB Prime platform (such as following X accounts, forwarding announcements, and joining Discord).
This NFT initiative is not only a community incentive but also an ecological closed loop: holders can enjoy exclusive yield enhancements from BB Prime, encouraging user participation in RWA trading. The issuance of NFTs further strengthens BounceBit's brand influence, attracting early adopters and laying the groundwork for future tokenized stock products (such as tokenized equities targeting the U.S., Europe, Hong Kong, and Japan markets).
Investment advantages and prospects.
The collaboration between BounceBit and BlackRock endows the project with multiple competitive advantages:
High returns with low risk coexist: Strategies with 24%+ APY provide sustainable dollar returns throughout market cycles, particularly suitable for institutional investors to mitigate volatility.
Institutional endorsement enhances credibility: BlackRock's participation injects traditional financial trust into BounceBit, similar to Franklin Templeton's subsequent collaboration expanding to the platform in August 2025, accelerating RWA ecosystem growth.
The market potential is immense: As the tokenized asset market expands (including giants like BlackRock, Fidelity, and Janus Henderson), BounceBit is positioned to bridge East and West infrastructures, with user bases expected to expand from Asia to globally.
Innovation drives growth: BB Prime, as a new category of CeDeFi, addresses the bottleneck of RWA 'insufficient utility', promoting mass adoption.
Looking ahead, BounceBit plans to launch more BUIDL-driven products by the end of 2025, such as tokenized stocks and private credit strategies. With the native advantages of Bitcoin re-staking, the project is expected to secure a place in the DeFi market, with potential returns amplifying alongside RWA TVL (Total Value Locked) growth.
