#institutional collateral

[rwatimes]

XRP Gains Ground as Institutional Collateral Asset Alongside Bitcoin and Ethereum

Ripple Prime CEO Mike Higgins reveals XRP's role as institutional collateral alongside Bitcoin and Ethereum in evolving digital asset markets.

➤ XRP is being positioned by Ripple Prime to serve as institutional collateral alongside Bitcoin and Ethereum, reflecting a broader trend of integrating digital assets into traditional finance. ➤ Financial institutions are prioritizing secure custodian arrangements and triparty systems for collateral management, moving away from direct exchange holdings. ➤ Ripple Prime's infrastructure, including cross-margining capabilities and the RLUSD stablecoin, aims to enhance capital efficiency and streamline collateral deployment across various asset classes.

[rwatimes]

OKX Integrates BlackRock’s BUIDL Token for Institutional Collateral Trading

OKX integrates BlackRock's BUIDL token as regulated trading collateral through Standard Chartered custody for institutional and VIP clients.

➤ OKX has integrated BlackRock's BUIDL token, a tokenized Treasury fund, into its institutional collateral trading system. ➤ This integration, facilitated by Standard Chartered's custody services, allows qualified institutional clients to use BUIDL as margin collateral. ➤ The move signifies a growing trend of bridging traditional finance assets with cryptocurrency infrastructure for institutional trading.

[rwatimes]

OKX Integrates BlackRock BUIDL Token as Institutional Collateral Option

OKX integrates BlackRock's BUIDL tokenized Treasury fund as regulated trading collateral for institutional clients via Standard Chartered custody partnership.

➤ OKX has integrated BlackRock's BUIDL tokenized Treasury fund as collateral for institutional clients, leveraging Standard Chartered's custody services. ➤ This allows eligible clients to use tokenized Treasuries for trading margin, bridging traditional banking custody with digital asset markets. ➤ The move signifies growing adoption of tokenized Treasury products as collateral in the cryptocurrency space, with similar integrations seen on other major exchanges.