# Komainu and Hidden Road add BlackRock BUIDL as collateral in triparty

**Published:** 2026-08-01T13:33:17.891Z  
**Topic:** Koma Inu  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/5df0ce1d-31c5-431e-9bf1-191de22f4e30

Komainu and Hidden Road now support BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) as collateral, letting eligible institutions trade while

Komainu and Hidden Road announced that BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) will be accepted as supported collateral under their triparty collateral‑management agreements, giving whitelisted institutional investors the ability to trade using BUIDL while the fund remains in Komainu’s regulated custody【1】.  

| At a glance | |
|---|---|
| Collateral added | BlackRock USD Institutional Digital Liquidity Fund (BUIDL) |
| Effective date | Announcement 17 Oct 2024 |
| Eligible users | Whitelisted Komainu clients |
| Catalyst | Expansion of token support to boost capital efficiency【1】 |

## How the arrangement works  
Under the new triparty agreements, Komainu retains custody of BUIDL tokens, while Hidden Road provides prime‑brokerage services that allow clients to access credit and liquidity in digital‑asset markets. This structure removes the need for institutions to transfer collateral to trading counterparties, thereby reducing counter‑party risk and preserving the security of assets in a segregated, regulated environment【2】.  

## Strategic context  
The move follows Komainu’s broader “Connect” platform, launched in April 2023, which was designed to let institutions keep assets in safe custody while they are being utilized for trading or financing. By adding a yield‑bearing short‑term treasury fund like BUIDL, Komainu aims to meet growing demand for tokenized real‑world assets and improve capital efficiency for its clients【1】. Hidden Road, which joined the Komainu Connect platform in September 2023, gains a new collateral option that aligns with its mission to provide seamless access to both traditional and digital markets【2】.  

## What to watch  
- **Regulatory filings**: Any updates from the Jersey Financial Services Commission, Dubai VARA, or the UK FCA regarding custody of tokenized treasury funds could affect the service’s scope.  
- **BUIDL eligibility**: Changes to the whitelist criteria for institutional investors may alter the pool of users able to leverage the collateral.  
- **Further token support**: Announcements of additional tokenized assets on Komainu Connect could signal broader market adoption of tokenized collateral.  

The partnership illustrates a growing trend of institutional‑grade custodians integrating tokenized real‑world assets into their collateral frameworks, but the ultimate impact will depend on how widely institutions adopt BUIDL and similar funds for liquidity and credit purposes.

## Sources
1. Komainu — [Komainu and Hidden Road to Support BlackRock USD... - Komainu](https://komainu.com/resources/komainu-and-hidden-road-to-support-blackrocks-buidl-as-collateral-in-triparty-agreements)
2. Assetservicingtimes — [Komainu and Hidden Road add BUIDL as collateral in triparty...](https://www.assetservicingtimes.com/assetservicesnews/industryarticle.php?article_id=16007)

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Cite as: TrendWatcher, "Komainu and Hidden Road add BlackRock BUIDL as collateral in triparty", https://www.trendwatcher.in/article/5df0ce1d-31c5-431e-9bf1-191de22f4e30