Standard Chartered and cryptocurrency exchange OKX are testing a new program that allows institutional investors to use crypto assets and tokenized money market funds (MMFs) as collateral. This program was launched under the supervision of the Dubai Virtual Assets Regulatory Authority, and Standard Chartered is taking on a regulated custody role in the Dubai International Financial Centre. Institutions such as Franklin Templeton and Brevan Howard Digital are among the first participants to try this new capability. This development is seen as a significant step in the evolution of institutional crypto services. We look forward to your comments.