{"id":40398,"date":"2024-10-29T16:06:19","date_gmt":"2024-10-29T16:06:19","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/okx-picks-standard-chartered-as-its-institutional-crypto-custodian\/"},"modified":"2024-10-29T16:06:19","modified_gmt":"2024-10-29T16:06:19","slug":"okx-picks-standard-chartered-as-its-institutional-crypto-custodian","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/okx-picks-standard-chartered-as-its-institutional-crypto-custodian\/","title":{"rendered":"OKX picks Standard Chartered as its institutional crypto custodian"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/08\/03_Standard-Chartered-bank-hall-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/08\/03_Standard-Chartered-bank-hall-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/08\/03_Standard-Chartered-bank-hall-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/08\/03_Standard-Chartered-bank-hall-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>OKX announces partnership with Standard Chartered to offer crypto custody services to institutional clients.<\/li>\n<li>Standard Chartered has a strong presence in the crypto industry.<\/li>\n<li>A trading desk and custody solution are among its top solutions.<\/li>\n<\/ul>\n<p>OKX has partnered with Standard Chartered in a collaboration that will see the banking giant become the crypto exchange\u2019s official third-party crypto custodian.<\/p>\n<p>Specifically, Standard Chartered is now the crypto custodian for OKX\u2019s institutional clients.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">We\u2019re challenging the status quo and building for the future. <\/p>\n<p>To enhance our offering, we\u2019ve partnered with <a href=\"https:\/\/twitter.com\/StanChart?ref_src=twsrc%5Etfw\">@StanChart<\/a> as our third-party custodian for institutional clients. <\/p>\n<p>More on our commitment to security and innovation in crypto: <a href=\"https:\/\/t.co\/jFrF5lCnsq\">https:\/\/t.co\/jFrF5lCnsq<\/a> <a href=\"https:\/\/t.co\/FNiAD3U2KW\">pic.twitter.com\/FNiAD3U2KW<\/a><\/p>\n<p>\u2014 OKX (@okx) <a href=\"https:\/\/twitter.com\/okx\/status\/1851172189740917167?ref_src=twsrc%5Etfw\">October 29, 2024<\/a><\/p>\n<\/blockquote>\n<h2>OKX eyes further institutional adoption of crypto<\/h2>\n<p>According to OKX chief commercial officer Lennix Lai, the partnership is part of the crypto exchange\u2019s continued evolution into one of the world\u2019s top crypto companies. Standard Chartered will help the exchange offer its institutional customers a platform to securely enter the growing digital assets market.<\/p>\n<p>The partnership allows clients the option of separating their trading from custody, Lai <a href=\"https:\/\/www.okx.com\/learn\/okx-standard-chartered\" target=\"_blank\" rel=\"noopener\">added<\/a>.<\/p>\n<p>\u201cOur institutional services already include advanced trading features, robust risk management tools, and custody solutions. Adding Standard Chartered to our custody offerings allows us to integrate digital assets more seamlessly into the traditional financial ecosystem, making it easier for institutional players to engage confidently in this space.\u201d<\/p>\n<p>Collaboration with <a href=\"https:\/\/coinjournal.net\/news\/okx-expands-crypto-exchange-to-the-netherlands\/\">OKX<\/a> adds to Standard Chartered\u2019s growing footprint in the crypto space. Its recent expansion includes the launch of a digital asset custody solution in the United Arab Emirates. The bank\u2019s crypto custody service allows institutional clients to custody Bitcoin (BTC) and Ethereum (ETH), with more assets to be added.<\/p>\n<p>Notably, Standard Chartered also offers a spot crypto trading desk, and has a footprint in the Ethereum exchange-traded fund market.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/okx-picks-standard-chartered-as-its-institutional-crypto-custodian\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) OKX announces partnership with Standard Chartered to offer crypto custody services to institutional clients. Standard Chartered has a strong presence in the crypto industry. A trading desk and custody solution are among its top solutions. OKX has partnered with Standard Chartered [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":40399,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/40398"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=40398"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/40398\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/40399"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=40398"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=40398"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=40398"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}