The transaction surpasses prior on-chain repo activities by providing near-instant, atomic settlement on a public blockchain, outside of traditional market hours, on weekends
The firm brings complementary expertise that aligns with Absolute Collateral’s mission to modernise and expand regional liquidity networks through trusted partnerships
The Australasian digital asset investment manager will use cryptocurrencies and a tokenised money market fund as off-exchange collateral for trading on the OKX platform
The use of a central counterparty aims to strengthen market stability, reduce systemic risk, and align with international best practices, according to the exchange