BlackRock Inc (NYSE:BLACK) is one of the most undervalued blockchain stocks to buy now. BlackRock Inc (NYSE:BLK) continues to add partners for its tokenized money market fund known as BUIDL, a sign of growing investor interest in the fund. On April 28, Standard Chartered and crypto trading platform OKX announced a new assurance framework for BUIDL.
This agreement allows clients to post their BUIDL as collateral for margin trading on the OKX platform without losing performance. BlackRock, Standard Chartered and OKX came up with this framework to address a gap in how profitable capital can be used for trading.
Typically, funds posted as margin on cryptocurrency trading platforms earn little to no return. What BlackRock, Standard Chartered and OKX have done is make it possible for investors to earn returns on their token funds while also using the funds as collateral.
With this model, investors do not need to move assets between a custodian and a trading platform. Instead, the assets remain in the hands of the custodian while they are used as margin trading. Standard Chartered will act as custodian for OKX traders using their BUIDL as collateral.
Headquartered in New York, BlackRock Inc (NYSE:BLK) is a multinational investment firm with around $14 trillion in assets under management. It is the largest asset manager in the world. BlackRock says it helps make investing easier and more affordable, so more people can experience financial well-being.
While we recognize BLK’s potential as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that’s also benefiting significantly from Trump-era tariffs and the offshoring trend, check out our free report on best short-term AI stock.
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