In a landmark move for digital asset security, OKX has partnered with Standard Chartered’s Zodia Custody to provide institutional-grade cryptocurrency custody services across Europe. This collaboration leverages the 170-year-old banking institution’s robust regulatory framework and financial expertise to offer enhanced protection for institutional investors’ digital holdings.
Erald Ghoos, Head of OKX Europe, emphasized that recent market volatility has underscored the critical need for secure, regulated custody solutions in the cryptocurrency space. “The partnership represents a significant step toward bridging traditional finance with digital assets,” Ghoos stated. “By combining Standard Chartered’s longstanding banking credibility with OKX’s digital asset expertise, we’re establishing new standards for institutional crypto asset protection.”
The custody arrangement through Zodia Custody, which operates under UK financial regulatory oversight, provides institutional clients with secure storage solutions meeting rigorous compliance standards. This development signals growing institutional confidence in cryptocurrency markets and demonstrates how established financial institutions are adapting to serve the evolving needs of digital asset investors.
This strategic alliance comes at a pivotal moment for European cryptocurrency markets, offering institutional participants the security assurances necessary for broader digital asset adoption while maintaining the transparency and regulatory compliance expected in traditional finance.
