OKX expands custody partnership with Standard Chartered into Europe, letting clients trade while keeping assets off exchange

OKX cryptocurrency exchange has significantly expanded its institutional custody partnership with Standard Chartered bank into European markets, introducing an innovative trading model that addresses major security concerns in digital asset management. This groundbreaking collaboration allows institutional clients to execute cryptocurrency trades on OKX's platform while maintaining full custody of their Bitcoin, Ethereum, and other digital assets through Standard Chartered's regulated banking infrastructure.

The custody solution represents a major advancement in institutional cryptocurrency adoption, as it eliminates counterparty risk associated with keeping assets on exchanges while preserving trading efficiency. This hybrid model combines OKX's advanced trading technology with Standard Chartered's traditional banking expertise, creating a bridge between DeFi innovation and institutional-grade security protocols.

For the broader cryptocurrency market, this partnership signals growing institutional confidence in digital assets and could accelerate mainstream blockchain adoption across Europe. The arrangement particularly benefits large-scale investors who require regulatory compliance and institutional-grade custody solutions while accessing cryptocurrency liquidity. This expansion follows increasing demand from European institutions seeking secure, compliant pathways to participate in the evolving digital asset ecosystem without compromising on security standards.