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OKX, BlackRock and Standard Chartered announce a joint framework to integrate BlackRock’s BUIDL tokenized short-term Treasuries into collateral workflows.
This is the first time a globally systemically important bank acts as custodian for tokenized collateral.
KEY POINTS
- BUIDL can be held in regulated off-exchange custody at Standard Chartered and used as collateral on OKX.
- The integrated framework eliminates the need to move assets between venues for trading and collateral use.
- The arrangement enables BUIDL to generate yield while serving as exchange trading collateral within one ecosystem.
- Institutional testing confirmed tokenized assets can scale across trading, margining, and liquidity workflows.
COMPANIES
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