#QCP Capital Completes First BUIDL Transaction#

QCP Capital announced the completion of its first BUIDL collateralized derivative transaction, becoming the first designated market maker for BUIDL. This marks the official launch of the BUIDL solution for institutional clients, which can improve returns and portfolio efficiency. It is understood that QCP Capital completed this transaction in collaboration with Securitize Credit, indicating that BUIDL has begun to play a role in practical applications, providing institutional investors with a new way to manage collateral. BUIDL is a blockchain-based collateral management platform that aims to improve efficiency and transparency by digitizing and automating collateral management processes. As the first designated market maker for BUIDL, QCP Capital will provide liquidity support for the BUIDL platform and help it promote in the market. The completion of this transaction marks a significant advance for BUIDL in the market and also foreshadows the wider application of blockchain technology in the financial field.