Lloyds Bank and Aberdeen Investments Collaborate with Archax to Use Bitcoin as Collateral for FX Contracts
2025-07-14 09:56:14
Main Idea
Lloyds Bank and Aberdeen Investments have partnered with Archax to use Bitcoin as collateral for foreign exchange (FX) contracts, enhancing financial frameworks.
Key Points
1. Lloyds Bank and Aberdeen Investments are collaborating with Archax.
2. Bitcoin will be used as collateral for foreign exchange (FX) contracts.
3. The partnership aims to enhance financial frameworks.
4. Archax’s secure platform is involved in the collaboration.
Description
Lloyds Bank and Aberdeen Investments have strategically partnered with the regulated crypto exchange Archax to enable the use of digital assets as collateral for foreign exchange (FX) contracts. This collaboration
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