OKX and Standard Chartered Partnership for Institutional Custody

Key Points:

• OKX Standard Chartered Partnership strengthens institutional crypto custody by adding a globally recognized custodian for enhanced security.
• With the OKX and Standard Chartered Partnership, institutional clients gain access to trusted, third-party custody for digital assets.

OKX and Standard Chartered partnership strengthens institutional crypto custody, offering enhanced security and assurance to institutional investors globally.

OKX Partners with Standard Chartered for Enhanced Crypto Custody

This OKX and Standard Chartered partnership presents a turning point for institutional crypto investors. The onboarding of one of the world’s most respected banks by integrating Standard Chartered as a third-party custodian to further strengthen security and trust aspects brings the much-needed safety and compliant environment sought by institutional investors through the segregation of trading from custody with OKX.

This strategic play does not only increase the institutional credibility of OKX but also indicates that the crypto industry is maturing, given the entry of the big guns from the traditional finance sector into the digital asset space. Considering that Standard Chartered is one of Hong Kong’s major note-issuing banks, this move further reinforces the confidence in OKX’s custodial services regarding the opening of crypto market positions safely for institutional investors.

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OKX and Standard Chartered Partnership Brings Institutional Assurance

This collaboration speaks to the growing institutional demand for safe and reliable cryptocurrency custody solutions. OKX will now have access to the reliability of compliance standards and the global standing of Standard Chartered, giving institutional clients further security for their digital assets. The strategic step taken by OKX to be aligned with a globally recognized financial institution speaks to concerns about the safety of institutional assets as the crypto landscape continues to evolve.

With Standard Chartered as the third-party custodian, OKX is now ready to fuel adoption among institutions demanding the traditional banking security standard. This partnership underlines how traditional finance is blurring lines with crypto markets and makes OKX a much more attractive option for international institutions looking to enter digital assets.