Overview
- An integration announced Tuesday lets eligible institutional and VIP clients post BlackRock’s BUIDL as margin on OKX Middle East under a Standard Chartered setup.
- Client BUIDL stays in segregated custody at Standard Chartered during trading, with OKX handling margin checks and liquidations.
- Inside OKX’s margin engine, BUIDL is treated like USD or USDC and clients keep both ownership and the fund’s onchain yield.
- Institutions can keep BUIDL at the bank for off-exchange use or deposit it directly on OKX, based on their operational setup.
- More exchanges now accept tokenized Treasury funds, with Binance already backing BUIDL and BENJI, but OKX has not detailed stress-period rules or its broader rollout.