BlackRock is bringing its ~$2.5B tokenized money market fund BUIDL to crypto exchange OKX, with Standard Chartered holding the underlying assets.
The fund invests in U.S. Treasuries and repos and can now be used as yield-earning collateral on OKX instead of idle cash.
Access is currently limited to Middle East investors, marking another step in the convergence of Wall Street infrastructure and crypto markets.$BTC #blackRock