OKX announces Standard Chartered Bank as third-party institutional custody partner

According to BlockBeats news, on October 29, OKX, the world’s leading digital currency trading and Web 3 technology company, announced that Standard Chartered Bank will be the third-party digital asset custodian for its global institutional business.

Standard Chartered Bank is a leading international cross-border bank connecting key markets around the world. OKX provides comprehensive services to institutional users, including advanced trading functions, powerful risk management tools and upgraded custody solutions. The signing of a custody agreement with Standard Chartered Bank is a strong complement to these services. Relying on Standard Chartered Bank’s rich global banking experience and strict risk management system, OKX aims to provide institutional investors with more safe and reliable custody solutions.

OKX Global Chief Commercial Officer Lennix Lai said: “We chose Standard Chartered Bank as our institutional custody partner to optimize services and promote the deep integration of digital assets with the traditional financial ecosystem. Standard Chartered Bank’s rich global banking experience and firm commitment to security , is highly consistent with OKX’s goal of providing excellent digital currency services, and will help enhance institutional customers’ confidence in digital asset management.”

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