Gary Kalbaugh Authors “CFTC’s Tokenized Collateral Guidance: Integrating Blockchain Into Derivatives Markets”

March 11, 2026

Gary Kalbaugh, partner and head of Cahill’s Commodities, Futures & Derivatives practice group, authored “CFTC’s Tokenized Collateral Guidance: Integrating Blockchain Into Derivatives Markets” which was published by the Futures and Derivatives Law Report.

In the article, Gary analyzes the joint guidance issued by the Commodity Futures Trading Commission (CFTC), which details the standardized application of tokenized assets as collateral in futures and swaps trading.

To read the full article, click below.

CFTC’s Tokenized Collateral Guidance Integrating Blockchain Into Derivatives Markets