OKX Adds BlackRock Tokenized Treasury Fund to Standard Chartered Collateral Program
Cointelegraph
OKX has enabled institutional clients to use BlackRock’s BUIDL tokenized Treasury fund as collateral while held in custody by Standard Chartered.Summary
OKX has integrated BlackRock’s BUIDL tokenized US Treasury fund into its off-exchange collateral framework with Standard Chartered. This initiative allows institutional and VIP clients to use the yield-bearing asset as trading margin while it remains in regulated custody with the bank. By utilizing BUIDL, clients can keep their capital productive by earning yields on Treasury-backed assets, rather than holding idle cash as collateral. The arrangement, which treats BUIDL as fungible with dollar-denominated assets, aims to bridge traditional finance standards with digital asset trading infrastructure, enhancing capital efficiency for institutional participants.
(Source：Cointelegraph)