OKX has taken an important step in the institutional crypto custody space and announced a collaboration with Standard Chartered. Led by OKX Chief Commercial Officer Lennix Lai, the partnership positions Standard Chartered as the third-party custodian for OKX’s institutional clients. This step once again demonstrates OKX’s security and innovation-oriented approach.
OKX, an on-chain technology company operating on a global scale, closely follows the needs of institutional investors. Today, institutional clients do not view digital assets as merely speculative investments; On the contrary, they evaluate these assets in diversified portfolios.
The Role of Standard Chartered and the Maturation of the Sector
According to OKX’s research, 80% of hedge funds and financial institutions prefer third-party custodians when investing in digital assets. This trend brings with it the need to keep processing and storage processes separate. This collaboration with Standard Chartered allows OKX to adapt to this model.
Services Provided to Corporate Customers
The new partnership allows OKX’s institutional clients to make a distinction between trading and custody. Current institutional services include advanced trading options, comprehensive risk management tools and sophisticated custody solutions. With the integration of Standard Chartered, a secure financial layer is provided in digital asset management.
OKX aims to bridge the gap between traditional finance and the crypto world. While this partnership allows institutional players to trade with confidence, it also demonstrates wider acceptance of digital assets in the financial world.
This collaboration highlights OKX as not only a crypto platform but also a custody service provider that sets new standards for institutional clients. This move points to a maturing crypto market where security and compliance are gaining importance.
This structure, where traditional finance meets crypto, aims to increase investor confidence and contribute to the sustainable growth of digital assets.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
