EDX Markets has integrated Figure Technology’s YLDS, a yield-bearing digital security, as collateral across its institutional crypto trading and clearing platform. The SEC-registered token allows EDX customers to purchase YLDS from Figure or secondary markets and use it as collateral while earning yield, eliminating the traditional trade-off between liquidity and returns on idle capital. EDX will also hold YLDS on its own balance sheet as a treasury asset.
This move follows similar integrations by major players: BlackRock’s BUIDL token became accepted collateral on Crypto.com and Deribit in June 2025, while Franklin Templeton and Binance launched comparable programs in February 2026. However, investors should note that SEC registration doesn’t constitute approval or guarantee, and YLDS lacks FDIC insurance or bank backing, meaning collateral values could decline. EDX has not disclosed specific yield rates or detailed collateral terms.
FXnCO Insight
Institutional traders should closely monitor tokenized treasury products gaining traction as collateral options, but carefully assess counterparty risk and value volatility before adoption.
Source: Finance Magnates