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Standard Chartered Bank’s Dubai branch has provided eligible institutional clients with RLUSD custody and plans to allow RLUSD held in custody to serve as collateral for LMAX trading. The collateral arrangement has not yet launched and remains subject to testing, approvals, and regulatory requirements.
CRX Trade announced the launch of a prime brokerage platform for professional and institutional clients, connecting multiple crypto and traditional financial markets through a single account and unified collateral pool.
Copper has launched Hyperliquid perpetual contract trading services for institutions, allowing clients to trade through API and the platform interface, while keeping assets in its non-custodial MPC infrastructure.
WuBlockchain relayed that Galaxy Digital purchased 100000000 USD sUSDS, using it as collateral for its institutional trading business, while also purchasing SKY。