Hidden Road, a global credit network that provides digital asset trading, announced the addition of multiple major cryptocurrency exchanges to its prime brokerage platform, and also expanded the use of BlackRock's BUIDL token to accept it as collateral.
The company has integrated with Coinbase International, OKX (including Nitro Spreads), Deribit (including options), Bitfinex, Bullish (owner of CoinDesk), AsiaNext and SIX Digital Exchange.
Michael Higgins, Hidden Road's global head of business development, said: "Customers can provide collateral to Hidden Road in the form of BUIDL tokens, which we think is a good margin. Hidden Road then funds these trades on the relevant exchanges through USDT or USDC, so that customers can trade while submitting assets to us and earn interest." (CoinDesk)