The crypto firm wants to clear margined products for retail participants.
CFTC is seeking public comment on the crypto exchange's request.
The custodian is developing initial margin services around the world.
Less risk and increased speed will lead to lower costs and improved outcomes for investors.
Initial margin requirements for centrally cleared markets increased by $300bn over March 2020.
Phase 5 of the uncleared margin rules came into effect on 1 September.
Smaller entities come into scope in phase five of the uncleared margin regulations on September 1.
This is part of BlackRock’s multi-year investment in the Aladdin platform’s derivatives functionality