According to Carlos Domingo, CEO of Securitize, BlackRock's USD Institutional Digital Liquidity Fund (BUIDL) with $2.9 billion in assets is now approved as collateral on Crypto.com and Deribit, allowing institutional traders to use it for margin in leveraged trades while earning yield on the underlying token. The tokenized Treasury market has surged 400% to over $7 billion in market capitalization in the past year, as per rwa.xyz data, positioning BUIDL as a core tool for improving capital efficiency and risk management in crypto markets.