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Deployments · platform by OKX

OKX and Standard Chartered collateral mirroring programmeUpdated 8 Nov 2026

Institutional clients keep crypto assets and tokenised money market fund shares with Standard Chartered as an independent custodian in the DIFC, and OKX mirrors them as trading collateral on the exchange. Launched in April 2025 as a pilot under Dubai's VARA framework, with Franklin Templeton as the first tokenised fund and Brevan Howard Digital among the first users.

AnnouncedProof of conceptPilotLive (limited)Live (scaled)

Pilot since 10 Apr 2025[1] — Described by the operators as a pilot; no figures published and no later expansion found by October 2026. · Reviewed 13d ago

Assets
Fund interest[1]
Franklin Templeton tokenised MMF shares; fund not named
Networks
Unknown ledger Not disclosed[1]
Neither the Standard Chartered release nor OKX names a chain or the fund. Stellar was earlier inferred from Franklin's Benji funds and removed by editor decision 2026-10-18-deployments-review-1.
Use cases
Collateral mobility[1]
Jurisdictions
United Arab Emirates, Dubai International Financial Centre (DIFC)

Participants

Timeline

  1. Happened 10 Apr 2025 · Launch · recorded 11 Oct 2026
    Collateral mirroring launches as a pilot under VARA, with Standard Chartered as custodian.[1]

Sources

  1. [1]Standard Chartered and OKX launch world-leading collateral mirroring programme — Standard Chartered, 10 Apr 2025. Accessed 11 Oct 2026.B
  2. [2]We've Launched a World-Leading Collateral Mirroring Programme With Standard Chartered — OKX. Accessed 18 Oct 2026. OKX Learn page; shows 'published 1 Jan 2026, updated 2 Jun 2026' but repeats the April 2025 launch announcement..B
  3. [3]We've launched a world-leading collateral mirroring programme with Standard Chartered | OKX — OKX. Accessed 8 Nov 2026.B

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