Standard Chartered, BlackRock, OKX launch collateral framework for tokenised Treasury fund
Corroborated by 2 sources from 2 publishers
globalgeneral4h ago
TL;DR
April 28 (Reuters) - Standard Chartered announced on Tuesday the launch of a new framework that permits institutional clients to use BlackRock's tokenised short-term U.S. Treasury fund as collateral on the crypto trading platform OKX. Here are some details: • The lender has partnered with BlackRock and OKX to enable the trading platform's VIP and institutional clients to use the BlackRock USD Institutional Digital Liquidity (BUIDL) Fund as collateral for trading activities on OKX Middle East.