Securitized Credit Uses BlackRock BUIDL Fund for Crypto Arbitrage

Securitize Credit has partnered with QCP to include the BlackRock Dollar Institutional Digital Liquidity Fund (BUIDL) in its earnings strategy. In this partnership, Securitize Credit and QCP conduct basis trading with tokenized BUIDL funds as collateral. This is the first time BlackRock's on-chain funds have been used as collateral for derivatives transactions.