Standard Chartered, BlackRock, and OKX Launch Collateral Framework for Tokenised Treasury Fund
Standard Chartered, BlackRock, and OKX have launched a new framework allowing institutional clients to use BlackRock's tokenised U.S. Treasury fund as collateral on OKX's trading platform. The initiative aims to streamline trading processes by reducing the need for asset transfers between custodians and trading venues. Standard Chartered will act as the custodian for the off-exchange collateral arrangement.
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Topics: collateral framework crypto trading institutional clients tokenised assets Treasury funds