Written by Lennix Lai, Chief Commercial Officer at OKX
Today marks a pivotal moment for institutional crypto custody as OKX announces its official partnership with Standard Chartered, a leading international cross-border bank. This collaboration establishes Standard Chartered as OKX’s third-party custodian for institutional clients, reinforcing OKX’s commitment to security, innovation, and the future of digital assets.
As a global leader in onchain technology, OKX continues to prioritize secure and scalable solutions for institutions. This partnership enhances our offerings, catering to institutional investors who increasingly view digital assets as a strategic opportunity.
Why Trust Matters in Institutional Custody
Institutional investors demand more than robust security—they require trust. Partnering with Standard Chartered, a global systemically important bank (G-SIB) and an early adopter of crypto custody, underscores our dedication to bridging traditional finance with the digital asset ecosystem.
Key features of this collaboration:
- Segregated custody: Clients can separate trading from asset custody.
- Institutional-grade services: Advanced trading tools, risk management, and custody solutions.
- Seamless integration: Easier adoption for traditional financial players entering the crypto space.
The Growing Institutional Crypto Market
Digital assets are transitioning from speculative investments to essential portfolio components. According to OKX-commissioned research with Economist Impact:
- 80% of hedge funds using digital assets rely on third-party custodians.
- Institutions seek diversification and high-growth potential in crypto.
This trend highlights the need for secure, compliant custody solutions—a gap OKX addresses through partnerships like this.
Setting a New Standard
Standard Chartered’s involvement signals market maturity. By aligning with a top-tier bank, OKX delivers:
- Regulatory assurance: Compliance with global financial standards.
- Institutional confidence: A trusted gateway into digital assets.
👉 Explore OKX’s institutional solutions
The Road Ahead
This partnership is a cornerstone of OKX’s vision to democratize institutional crypto access. Future steps include:
- Expanding custody and trading infrastructure.
- Enhancing interoperability between traditional and digital finance.
We’re committed to making OKX the premier platform for institutional investors worldwide.
FAQ
Q1: Why is Standard Chartered’s role as a custodian significant?
A: As a G-SIB, Standard Chartered brings regulatory credibility and institutional trust to crypto custody, easing adoption for traditional investors.
Q2: How does this partnership benefit OKX users?
A: Institutions gain segregated custody options, tighter security, and smoother integration with legacy finance systems.
Q3: What trends are driving institutional crypto demand?
A: Hedge funds and asset managers increasingly allocate to digital assets for portfolio diversification and high-yield opportunities.
Q4: Will OKX expand its custody partnerships further?
A: Yes—we’re actively collaborating with regulated entities to broaden institutional offerings.
👉 Learn more about OKX’s custody solutions