OKX, a cryptocurrency exchange and onchain technology company, announced today that it has selected Standard Chartered as a third-party crypto custodian for its global institutional business. Standard Chartered provides cross-border financial services connecting various markets worldwide.

Standard Chartered Joins OKX Custody

The agreement adds to OKX's services for institutional clients, which include advanced trading tools, risk management resources, and secure custody options. OKX plans to leverage Standard Chartered's global banking experience and practices to expand its custody offerings for institutional investors.

"We are committed to offering custodial services that meet the highest standards of safety and compliance,” Standard Chartered Global Head of Financing & Securities Services Margaret Harwood-Jones said.

“Serving as OKX's third-party custodian allows us to extend our expertise into the evolving cryptocurrency sector, providing institutional investors with the assurance they require."