BlackRock: Integrates BUIDL Fund on OKX

BlackRock pushes its ~$2.5B tokenized money market fund BUIDL onto crypto exchange OKX, tapping Standard Chartered to custody underlying U.S. Treasuries and repos. This move lets Middle East investors swap idle cash for yield-bearing collateral in trades, accelerating Wall Street's dive into crypto market integration—echoing last year's BlackRock crypto partnerships like the Ethereum deployment that juiced institutional flows. With Bitcoin (BTC) holding steady amid broader trends, this tokenized fund on Ethereum bridges tradfi and DeFi, potentially spiking liquidity in emerging hubs.

On the ETH 4h chart, price claws at $2244.69 inside a bearish grind, hugging the EMA200 resistance at $2252.73 while the EMA50 looms overhead at $2306.2 as a stubborn ceiling. MACD screams death cross at -17.78, signaling sellers dominate, but RSI at 39.3 stays neutral—hinting at no immediate capitulation. Volatility squeezes within Bollinger Bands, testing lower support at $2219.81; if buyers defend here, expect a probe toward upper resistance at $2365.5 before any real reversal, especially with tokenized assets like BUIDL funneling fresh capital into the ecosystem.