The global asset management leader BlackRock has partnered with an emerging crypto assets platform, a development that has garnered widespread attention in the financial sector. This is not just a gimmick, but a genuine alliance between a long-established leader in the financial market and a new player in the encryption space.



It is reported that the emerging platform is trialing an innovative Bitcoin derivatives strategy in collaboration with BlackRock's BUIDL fund. This strategy cleverly combines Bitcoin basis trading with put option selling, while using BUIDL tokens as collateral. Preliminary tests have shown that this strategy has achieved an annualized return exceeding 24%, effectively enhancing capital efficiency. This provides investors with a unique opportunity to enjoy the stable returns of U.S. bonds while capitalizing on the arbitrage advantages of the crypto assets market.

It is worth noting that this emerging platform has also revealed a collaboration plan with another financial giant, Franklin Templeton. They expect to launch BENJI credit trading in the first quarter of 2025. The BENJI coin is issued by Franklin Templeton and represents a portion of its on-chain U.S. Government Money Fund (FOBXX), which will enable the fund to be traded on a public blockchain, further expanding the integration of traditional finance and blockchain technology.

These collaborations undoubtedly signify that traditional financial institutions are actively embracing Crypto Assets and blockchain technology, bringing investors more diversified and standardized return opportunities. With the launch of these innovative strategies, we can foresee that the financial market will usher in a new era filled with opportunities and challenges.
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LiquiditySurfervip
· 08-05 11:39
The institution has finally learned to play Tai Chi on-chain. Has the trap card been played?
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PortfolioAlertvip
· 08-04 18:38
Is an annualized 24 all it takes?
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LayerZeroHerovip
· 08-04 18:27
Is traditional finance also coming to take away jobs?
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