The CFTC is planning a tokenized collateral pilot program to explore the use of stablecoins and other tokenized assets as margin for derivatives transactions. An advisory committee has already recommended the use of such collateral as it enables instant transfers to cover margin requirements. To this end, the CFTC is inviting CEOs of crypto companies to discuss implementation. Despite ongoing investigations into Crypto.com for controversial sports betting-like contracts, the company has also been invited. The aim is to improve efficiency and speed in the provision of collateral through tokenization.