Dubai: OKX, a leading global fintech company and crypto trading platform, today announced the launch of a joint framework with BlackRock and Standard Chartered to integrate BlackRock’s BUIDL tokenized short-term treasury fund into collateral workflows, marking the first time a globally systemically important bank (G-SIB) has acted as custodian in such an arrangement. The framework enables OKX clients to hold collateral in regulated, off exchange custody while trading on the same integrated venue.

Through this joint framework OKX VIP and institutional clients can post BUIDL as collateral held off-exchange in regulated custody at Standard Chartered, while trading seamlessly on OKX Middle East, eliminating the need to move assets between venues.…