my baby blanket

My baby blanket is as old as me 27( soon 28.) Was thinking of reusing it for my daughter. The edges are wasted. Was wondering what ideas can you guys give me? 
This blanket is special to me because my grandma who named me gave me this, and I would love for my daughter to have a piece of her somehow since they won't physically be able to meet. Gosh I miss her dearly such funny  caring loving individual.😥 
Sorry these hormones.