BlackRock's BUIDL Fund Integrates With DeFi Via Avalanche, Unlocking Collateral Use

BlackRock BUIDL Fund Integrates With DeFi Via Avalanche, Unlocking Collateral Use.png

BlackRock's BUIDL fund has made a significant leap into decentralized finance (DeFi) by integrating with Euler Finance on the Avalanche network. This groundbreaking move allows sBUIDL, the tokenized version of the fund, to be used as collateral for loans and to earn AVAX rewards, bridging traditional finance with the innovative world of blockchain.

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