OKX announced that Standard Chartered Bank has become the third-party digital asset custodian for its global institutional business. With Standard Chartered Bank’s extensive global banking experience and rigorous risk management system, OKX aims to provide institutional investors with more secure and reliable custodial solutions.
Standard Chartered Bank, a leading international cross-border bank connecting major global markets, has signed a custodial agreement with OKX. This collaboration serves as a strong complement to the services provided by OKX, including advanced trading features, robust risk management tools, and upgraded custodial solutions.
Lennix Lai, Chief Commercial Officer of OKX, stated:
Margaret Harwood-Jones, Global Head of Financing & Securities Services at Standard Chartered Bank, expressed:
This partnership is expected to attract more institutions to the digital asset market, creating a more mature environment for global institutions. This aligns with the findings of the recent research report “Digital assets as the new alternative for institutional investors: market dynamics, opportunities, and challenges.”
The report, commissioned by OKX and authored by Economist Impact, highlights that institutional investors view digital assets as an opportunity not to be missed. It also reveals that 80% of funds using digital assets, both traditional and cryptocurrency hedge funds, opt for third-party custodian institutions, demonstrating a strong demand for separating trading execution and asset custody responsibilities.
For more information about OKX Institutional, please visit https://www.okx.com/zh-hans/institutions or email [email protected] to help your institution accelerate its digital currency trading goals.
Standard Chartered Bank is a leading international bank group with a business network covering 53 of the world’s most dynamic markets, serving clients from 64 markets. The bank’s mission is to promote commercial prosperity through unique diversity, embodying its brand promise “here for good” in culture and corporate values. Standard Chartered Group Limited is listed on the London and Hong Kong stock exchanges. For more case studies and professional insights, visit the Insights section of sc.com. Follow Standard Chartered Bank on X, Instagram, and Facebook.
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