Article Summary

**OKX Expands European Presence with Standard Chartered Custody Partnership for Institutional Trading** Leading cryptocurrency exchange OKX has significantly strengthened its institutional offerings by extending its custody partnership with Standard Chartered Bank into the European Economic Area (EEA). This strategic expansion builds upon the successful model initially launched in the UAE, positioning OKX as a major player in Europe's growing digital asset market. The innovative custody solution allows institutional investors to trade Bitcoin, Ethereum, and other cryptocurrencies on OKX's platform while maintaining secure asset custody through Standard Chartered's traditional banking infrastructure. This hybrid approach addresses regulatory compliance concerns and provides institutional-grade security that traditional finance institutions require when entering the cryptocurrency space. The partnership represents a crucial development for European institutional adoption of digital assets, offering a bridge between traditional banking and decentralized finance (DeFi) ecosystems. By leveraging Standard Chartered's established European banking network, OKX can now serve institutional clients across multiple EEA jurisdictions, potentially driving significant trading volume growth and blockchain adoption throughout the region's financial sector.