Standard Chartered and OKX have expanded into the European Economic Area (EEA) through their ongoing partnership.
To enable clients to trade and secure their digital assets on a global scale, the collaboration allows institutional clients to enhance risk management and reduce counterparty exposure.
Margaret Harwood-Jones, global head of financing and securities services at Standard Chartered, said that this expansion is about leveraging the bank’s established custody infrastructure alongside OKX’s regulatory framework to ensure the highest standards of security and compliance for institutional clients in Europe.
The solution enables institutional clients to trade on OKX while securely holding their assets with Standard Chartered.
Earlier this year, the initial partnership was announced with the launch of the collateral mirroring programme, described by Erald Ghoos, CEO of OKX Europe, as “world leading.”
This latest expansion builds on OKX’s acquisition of a MiCA licence, demonstrating a long-term commitment to Europe through regulatory clarity and certainty, according to the firm.
