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Hidden Road Brokerage Integrates with Major Crypto Exchanges to Support BlackRock’s BUIDL Token as Collateral

2024-07-01 09:12
Odaily News Hidden Road, a global credit network that provides digital asset trading, announced the addition of multiple major cryptocurrency exchanges to its prime brokerage platform. It has also expanded the use of BlackRock's BUIDL token and accepted it as collateral. The company has integrated with Coinbase International, OKX (including Nitro Spreads), Deribit (including options), Bitfinex, Bullish (owner of CoinDesk), AsiaNext and SIX Digital Exchange. Michael Higgins, global head of business development at Hidden Road, said: "Customers can provide collateral to Hidden Road in the form of BUIDL tokens, which we think is a good margin. Hidden Road then funds these trades on the relevant exchanges through USDT or USDC, so that customers can trade while submitting assets to us and earn interest." (CoinDesk)