OKX & Standard Chartered Launch Pilot Program for Crypto-Collateralized Lending

OKX and Standard Chartered have launched a pilot program that allows institutions to utilize cryptocurrencies and tokenized money market funds (MMFs) as collateral. This initiative marks a significant step towards integrating traditional finance and digital assets, offering institutional investors a secure and efficient way to leverage off-exchange collateral. The program is anchored in the Dubai International Financial Centre (DIFC), where Standard Chartered will act as the regulated custodian.