Cryptocurrency exchange OKX has added BUIDL, a tokenized money market fund from BlackRock with assets of approximately $2.5 billion, to its collateral framework with Standard Chartered. The setup allows eligible institutional and VIP clients to use it as trading margin while remaining held over-the-counter with the bank.
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This step depends on the existing partnership between the two companies. last year, Standard Chartered Bank has become the institutional custodian of OKX In the European Economic Area yet Obtaining regulatory approval in Luxembourg to provide digital asset custody services. This move marks the bank’s entry into the European Union where the market framework for crypto assets has come into effect.
Rifad Mahasneh, CEO of OKX in the Middle East, North Africa and CIS
Clients can post BUIDL as collateral with Standard Chartered Bank while trading on OKX Middle East, or deposit it directly on the stock market, the companies said in a statement today (Tuesday). exchange
exchange
A stock exchange is defined as a market that supports the trading of derivatives, commodities, securities and other financial instruments. In general, a stock exchange can be accessed through a digital platform or sometimes at a physical address where investors organize to conduct trading. One of the main responsibilities of the stock exchange is to support honest and fair trading practices. It is useful in ensuring the effectiveness of the price distribution of supported securities on that exchange
A stock exchange is defined as a market that supports the trading of derivatives, commodities, securities and other financial instruments. In general, a stock exchange can be accessed through a digital platform or sometimes at a physical address where investors organize to conduct trading. One of the main responsibilities of the stock exchange is to support honest and fair trading practices. It is useful in ensuring the effectiveness of the price distribution of supported securities on that exchange
Read this term. They described the setup as the first framework of its kind backed by a globally systemically important bank.
This arrangement reflects efforts to make real-world token assets usable in trading infrastructure. It allows yielding funds to be used as collateral while remaining in regulated custody, making these instruments more practical to hold and trade. Risk management
Risk management
One of the most common terms used by brokers, risk management refers to the practice of identifying potential risks in advance. More commonly, this also includes analyzing risks and taking precautionary steps to mitigate and prevent these risks. These efforts are essential for brokers and venues in the finance industry, given the potential for repercussions in the face of unexpected events or crises. Due to a more stringent regulatory environment across almost every asset class,
One of the most common terms used by brokers, risk management refers to the practice of identifying potential risks in advance. More commonly, this also includes analyzing risks and taking precautionary steps to mitigate and prevent these risks. These efforts are essential for brokers and venues in the finance industry, given the potential for repercussions in the face of unexpected events or crises. Due to a more stringent regulatory environment across almost every asset class,
Read this term.
One issue the model addresses is how business capital is used. Cash posted as margin on cryptocurrency exchanges typically generates little or no return. Converting it into a token money market fund backed by US Treasuries and repurchase agreements allows institutions to lock in the yield while supporting trading activity.
BUIDL is treated as fungible with dollar-based assets such as stablecoins, while clients retain “ownership of the asset and its returns,” said Rivad Mahasneh, CEO of OKX in the Middle East, North Africa and CIS.
BlackRock is bringing its nearly $2.5 billion money market fund to cryptocurrency exchange operator OKX https://t.co/DqRmNTU4NH
– Bloomberg (@business) April 28, 2026
Increasing competition for tokenized treasury collateral
This step increases competition between… Exchanges. Binance has offered similar integrations for tokenized treasury products, including funds from BlackRock and Franklin Templeton, into OTC collateral frameworks.
The BUIDL fund, tokenized by Securitize, invests in cash, U.S. Treasury bills, and repurchase agreements, with the return distributed on-chain.
Standard Chartered Bank acts as an over-the-counter custodian, holding client collateral separately from the exchange’s own assets, while OKX manages margin and clearing through its own internal risk systems. Mahasneh said the structure was in line with traditional financing standards but did not give details of margin calls during periods of market stress.
Cryptocurrency exchange OKX has added BUIDL, a tokenized money market fund from BlackRock with assets of approximately $2.5 billion, to its collateral framework with Standard Chartered. The setup allows eligible institutional and VIP clients to use it as trading margin while remaining held over-the-counter with the bank.
Singapore Summit: Meet the top APAC brokers you know (and those you don’t know yet!).
This step depends on the existing partnership between the two companies. last year, Standard Chartered Bank has become the institutional custodian of OKX In the European Economic Area yet Obtaining regulatory approval in Luxembourg to provide digital asset custody services. This move marks the bank’s entry into the European Union where the market framework for crypto assets has come into effect.
Rifad Mahasneh, CEO of OKX in the Middle East, North Africa and CIS
Clients can post BUIDL as collateral with Standard Chartered Bank while trading on OKX Middle East, or deposit it directly on the stock market, the companies said in a statement today (Tuesday). exchange
exchange
A stock exchange is defined as a market that supports the trading of derivatives, commodities, securities and other financial instruments. In general, a stock exchange can be accessed through a digital platform or sometimes at a physical address where investors organize to conduct trading. One of the main responsibilities of the stock exchange is to support honest and fair trading practices. It is useful in ensuring the effectiveness of the price distribution of supported securities on that exchange
A stock exchange is defined as a market that supports the trading of derivatives, commodities, securities and other financial instruments. In general, a stock exchange can be accessed through a digital platform or sometimes at a physical address where investors organize to conduct trading. One of the main responsibilities of the stock exchange is to support honest and fair trading practices. It is useful in ensuring the effectiveness of the price distribution of supported securities on that exchange
Read this term. They described the setup as the first framework of its kind backed by a globally systemically important bank.
This arrangement reflects efforts to make real-world token assets usable in trading infrastructure. It allows yielding funds to be used as collateral while remaining in regulated custody, making these instruments more practical to hold and trade. Risk management
Risk management
One of the most common terms used by brokers, risk management refers to the practice of identifying potential risks in advance. More commonly, this also includes analyzing risks and taking precautionary steps to mitigate and prevent these risks. These efforts are essential for brokers and venues in the finance industry, given the potential for repercussions in the face of unexpected events or crises. Due to a more stringent regulatory environment across almost every asset class,
One of the most common terms used by brokers, risk management refers to the practice of identifying potential risks in advance. More commonly, this also includes analyzing risks and taking precautionary steps to mitigate and prevent these risks. These efforts are essential for brokers and venues in the finance industry, given the potential for repercussions in the face of unexpected events or crises. Due to a more stringent regulatory environment across almost every asset class,
Read this term.
One issue the model addresses is how business capital is used. Cash posted as margin on cryptocurrency exchanges typically generates little or no return. Converting it into a token money market fund backed by US Treasuries and repurchase agreements allows institutions to lock in the yield while supporting trading activity.
BUIDL is treated as fungible with dollar-based assets such as stablecoins, while clients retain “ownership of the asset and its returns,” said Rivad Mahasneh, CEO of OKX in the Middle East, North Africa and CIS.
BlackRock is bringing its nearly $2.5 billion money market fund to cryptocurrency exchange operator OKX https://t.co/DqRmNTU4NH
– Bloomberg (@business) April 28, 2026
Increasing competition for tokenized treasury collateral
This step increases competition between… Exchanges. Binance has offered similar integrations for tokenized treasury products, including funds from BlackRock and Franklin Templeton, into OTC collateral frameworks.
The BUIDL fund, tokenized by Securitize, invests in cash, U.S. Treasury bills, and repurchase agreements, with the return distributed on-chain.
Standard Chartered Bank acts as an over-the-counter custodian, holding client collateral separately from the exchange’s own assets, while OKX manages margin and clearing through its own internal risk systems. Mahasneh said the structure was in line with traditional financing standards but did not give details of margin calls during periods of market stress.
