BlackRock Eyes Tokenized Fund Shares for Wall Street Collateral

BlackRock sees tokenized fund shares as potential collateral in traditional financial markets, extending an established crypto trading use into a wider institutional setting where documentation and operational questions remain. “The larger unlock becomes then when you can utilise that for the traditional financial ecosystem,” said Dan Maley, BlackRock’s head of cash management for Asia Pacific. BlackRock announced no new traditional-market collateral counterparty, program or timetable for the broader use he described. Shares of BlackRock USD Institutional Digital Liquidity Fund (BUIDL), a private fund, are accepted as off-exchange trading collateral on Binance under an arrangement announced in November 2025. The arrangement covers institutional and advanced traders in the crypto market. It does not establish broad acceptance of the shares by traditional financial institutions. A traditional-market precedent dates to 2023.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to TokenPost.