OKX lets institutions use BlackRock’s BUIDL fund as trading collateral
Burns Brief
OKX integrates BlackRock’s tokenized Treasury fund into Standard Chartered custody, allowing institutions to use it as regulated trading collateral Market participants are carefully weighing the implications, with the outcome likely to depend on broader macro conditions and volume. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
OKX integrates BlackRock’s tokenized Treasury fund into Standard Chartered custody, allowing institutions to use it as regulated trading collateral.
Key Takeaways
- OKX integrates BlackRock’s tokenized Treasury fund into Standard Chartered custody, allowing institutions to use it as regulated trading collateral