Collaboration Background: The Need for Integration Between Traditional Finance and the Crypto Sector The United Arab Emirates (UAE) is Advancing RWA Development Standard Chartered Bank is collaborating with cryptocurrency exchange OKX to advance a collateral mirroring initiative. This program allows institutional clients to utilize cryptocurrencies and tokenized money market funds as collateral for over-the-counter (OTC) transactions. Both partners claim that the introduction of a Global Syst...

Collaboration Background: The Need for Integration Between Traditional Finance and the Crypto Sector The United Arab Emirates (UAE) is Advancing RWA Development Standard Chartered Bank is collaborating with cryptocurrency exchange OKX to advance a collateral mirroring initiative. This program allows institutional clients to utilize cryptocurrencies and tokenized money market funds as collateral for over-the-counter (OTC) transactions. Both partners claim that the introduction of a Global Syst...