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BounceBit Pilots Bitcoin Trading Strategy Using BlackRock's BUIDL as Collateral

The strategy, offering an annualized yield exceeding 24%, will be soon rolled out to institutions and retail users.

Updated May 19, 2025, 5:55 p.m. Published May 19, 2025, 1:00 p.m.
Bitcoin trading (CoinDesk archives)
Bitcoin trading (CoinDesk archives)