Standard Chartered Bank and OKX have announced a strategic partnership to expand their digital asset services into the European Economic Area (EEA). This move follows their successful collaboration in the United Arab Emirates (UAE) earlier this year. 🤝 The companies aim to provide institutional investors with secure, legal, and efficient digital asset solutions worldwide.
In their joint announcement on X, they highlighted that this partnership marks a significant milestone in their efforts to support institutional investor needs globally.
**How the Partnership Works:**
The partnership leverages Standard Chartered’s regulated custody infrastructure within the European market. This expansion provides institutions with access to full-service solutions for trading and safeguarding assets, all under strict regulatory oversight.
**Benefits of the Partnership:**
– Enhanced Risk Management: By utilizing a collateral mirroring program, institutional clients can trade digital assets while minimizing counterparty exposure.
– Expanded Security & Compliance: The integration ensures that institutional clients in the EEA can access OKX’s robust trading infrastructure while benefiting from the highest levels of security and trust provided by Standard Chartered’s custody services.
– Streamlined Value Chain:** The partnership offers a complete value chain solution, including execution, custody, and secure asset protection.
**Key Details:**
– The partnership began in April 2025 with the launch of OKX’s collateral mirroring program in the UAE. This pioneering program aimed to improve risk management and decrease counterparty exposure for institutional clients.
– Both companies are confident that this move aligns with the growing importance of digital finance in Europe, particularly given the European Union’s focus on digital assets (MiCA).
**Further Expansion:** OKX continues to expand its presence in the global market. In addition to this partnership, they’ve also partnered with Binance to launch crypto payment cards in Brazil.
**OKX’s commitment:**
This collaboration demonstrates OKX’s dedication to facilitating institutional adoption of digital assets through a focus on security, compliance, and innovation, paving the way for more secure and accessible digital asset experiences worldwide.