Tokenisation · Collateral
Where tokenised assets count as collateral.
Which tokenised funds and treasuries are accepted as margin or collateral, at which venue, on what haircut and under which rule. The question treasurers and risk teams ask first.
6
venue listings
Pilot2
venue listings
Under review3
venue listings
Not accepted1
venue listings
- BUIDLAccepted
Crypto.com and Deribit
Exchange margin · haircut ≈5% · since 2025
Basis: Venue announcements (reported)
- BUIDLAccepted
Binance (off-exchange, triparty)
Exchange margin · haircut ≈5% · since 2025
Basis: Venue announcement (reported)
- USYCAccepted
Binance (off-exchange, triparty)
Exchange margin · haircut ≈4% · since 2025
Basis: Venue announcement (reported)
- PAXGAccepted
Major exchanges (cross-margin)
Exchange margin · haircut 10–20% · since 2021
Basis: Venue collateral tables
- BENJIUnder review
Binance (off-exchange)
Exchange margin · haircut — · since 2025
Basis: Partnership announced; terms not published
- EUTBLUnder review
EU crypto venues under MiCA
Exchange margin · haircut — · since 2026
Basis: Discussions reported
Demonstration data, approximate and unverified, as at 9 November 2026. Information only, not advice. Haircuts change often and differ by client; the venue's own collateral schedule always takes precedence.
Information only, compiled from public sources with AI assistance. Not investment, legal, tax or regulatory advice, and not a recommendation to buy or sell anything. Scenarios describe what could happen and what has happened before; they are not forecasts. Prices are delayed or end-of-day. Always check the original source.