BounceBit Partners with BlackRock for New RWA Yield Strategy
- BounceBit is utilizing BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) for a new yield strategy.
- The strategy involves Bitcoin and stablecoin trades, using BUIDL as collateral.
- Investors could see an annual percentage yield (APY) increase of up to 24%.
- BUIDL is tokenized by Securitize and available through Securitize Markets.
- This marks the first active use-case for tokenized treasuries, according to BounceBit’s social media announcement.
BounceBit’s collaboration with BlackRock aims to enhance investor returns by combining traditional finance yields with crypto derivatives trading, potentially raising APY by 24% through innovative use of tokenized assets.
Source (2.6)https://dailyhodl.com/2025/05/19/blackrocks-buidl-to-power-bouncebits-new-rwa-yield-strategy-platform/?rand=59076
