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9h ago

Standard Chartered, OKX Extend Custody‑Mirroring Crypto Trading to the EEA

The tie-up reduces counterparty risk by keeping client assets in bank custody while collateral is mirrored on OKX under MiCA oversight.

Okx and standard chartered programme expands into eea
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Standard Chartered and OKX team up to bring institutional-grade crypto trading to Europe
Okx and standard chartered bring crypto custody to the european market

Overview

  • Institutional clients in the European Economic Area can now trade digital assets on OKX with assets held in custody at Standard Chartered.
  • OKX operates under a MiCA license covering nine of ten service categories, positioning the exchange as a regulated market operator in the EU.
  • The collateral mirroring setup enables real-time trading without moving assets out of the bank’s custody, addressing a key institutional concern.
  • The program builds on a UAE pilot that gathered more than $100 million in assets under custody and onboarded clients including Brevan Howard Digital.
  • Standard Chartered is expanding its digital-asset capabilities, including an institutional crypto trading desk, while OKX’s European push comes despite recent fines in Malta and the Netherlands.