OKX, a leading cryptocurrency exchange and global onchain technology company, has partnered with Standard Chartered, a prominent international cross-border bank, to serve as its third-party crypto custodian for institutional clients worldwide. This strategic collaboration enhances OKX's institutional services with secure custody solutions backed by Standard Chartered's banking expertise.
Key Benefits of the Partnership
- Enhanced Security: Leverages Standard Chartered's rigorous risk management framework.
- Global Reach: Combines OKX's crypto infrastructure with Standard Chartered's international banking network.
- Institutional Confidence: Addresses demand for segregated custody and trade execution.
Statements from Leadership
Lennix Lai, OKX Global Chief Commercial Officer:
"Partnering with Standard Chartered accelerates digital asset integration into traditional finance. Their commitment to security aligns with our mission to deliver exceptional crypto services for institutional clients."
Margaret Harwood-Jones, Standard Chartered Global Head of Financing & Securities Services:
"We provide custodial services meeting the highest safety standards. This collaboration extends our expertise into crypto, offering institutional investors the assurance they need."
Institutional Trends in Digital Assets
A recent OKX-commissioned report by Economist Impact, Digital Assets as the New Alternative for Institutional Investors, highlights:
- 80% of hedge funds using digital assets employ third-party custodians.
- Digital assets are viewed as an "inevitable institutional opportunity."
👉 Explore OKX Institutional Services
FAQ
Q: Why did OKX choose Standard Chartered?
A: For its global banking reputation, compliance standards, and secure custody infrastructure.
Q: How does this benefit institutional investors?
A: Offers segregated custody, reducing counterparty risks and enhancing asset safety.
Q: What services does OKX Institutional provide?
A: Advanced trading APIs, OTC liquidity, managed accounts, and structured products.
About OKX Institutional
Trusted by global firms, OKX provides:
- 700+ spot trading pairs.
- 280+ derivatives instruments.
- Monthly Proof-of-Reserves for transparency.
Disclaimer: This content is for informational purposes only. OKX does not endorse third-party services.
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