Peluncuran Proyek Jaminan Kripto oleh Standard Chartered dan OKX
Standard Chartered and OKX Launch Crypto Collateral Project https://cryptonews.com/news/standard-chartered-and-okx-launch-crypto-collateral-project/

Standard Chartered and OKX Launch Crypto Collateral Project

The financial bridge between traditional banking and digital assets continues to strengthen as major institutions develop regulated infrastructure for crypto collateralization.

In a landmark initiative, Standard Chartered, a globally systemically important bank, and OKX, a major cryptocurrency exchange, have launched a collateral mirroring program. This program allows institutional clients to use cryptocurrencies and tokenized money market funds as collateral for trading activities.

The structure of the program is based on a collaboration between two regulated entities: Standard Chartered, as the custodian, and OKX, as the provider of the crypto-based collateral. This setup will mean that digital assets used as collateral are held securely off-exchange, reducing the risks traditionally associated with on-exchange asset custody.

According to Margaret Harwood-Jones, global head of financing and securities services at Standard Chartered, the project with OKX is a commitment to advancing trust in institutional digital asset transactions. The bank's custody infrastructure will play an important role in safeguarding assets.

The program also features Franklin Templeton's tokenized money market funds, with its offering being the first to go live under the initiative. As a key player in the tokenization of real-world assets, Franklin Templeton brings deep expertise in blockchain technology to the partnership.

Hong Fang, president of OKX, stressed the strategic importance of the partnership in shaping the future of capital deployment in crypto markets. By joining forces with a custodian like Standard Chartered, OKX said that institutional clients can trade at scale while maintaining safety and transparency.

The program is part of OKX's broader vision of embedding digital assets within the global financial system. Among the early adopters of the program is Brevan Howard Digital, the crypto-focused division of Brevan Howard, one of the world's leading alternative investment managers.