BounceBit Leverages BlackRock’s BUIDL to Back Bitcoin Trading—Wall Street’s Playing Catch-Up
BounceBit just flipped the script—using BlackRock’s institutional-grade BUIDL as collateral for Bitcoin trading strategies. Who said crypto and TradFi can’t play nice?
Forget synthetic assets or wrapped tokens. This move taps straight into the $10T asset manager’s infrastructure, giving Bitcoin traders a backdoor to institutional liquidity. The irony? It took a crypto-native project to show Wall Street how to actually use their own tools.
One question remains: When will BlackRock start copying BounceBit’s homework?