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OKX Taps Standard Chartered to Deliver Bank-Level Security for Institutional Investors in Europe


OKX Taps Standard Chartered to Deliver Bank-Level Security for Institutional Investors in Europe

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OKX has announced the expansion of its partnership with Standard Chartered Bank into the European Economic Area (EEA), as it extended a collaboration that first began in the United Arab Emirates earlier this year. The move introduces OKX’s collateral mirroring programme to institutional clients across Europe, which allows users to hold their assets securely with Standard Chartered, a Global Systemically Important Bank (G-SIB), while maintaining corresponding balances on OKX for trading purposes.

The arrangement enables institutions to benefit from both bank-grade custody and direct access to digital asset markets, effectively reducing counterparty risk and enhancing trading efficiency.

Read the article at CryptoPotato

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