Standard Chartered and OKX Expand into Europe
Standard Chartered and OKX have partnered to expand their business into the European Economic Area (EEA). This follows their successful expansion in the United Arab Emirates (UAE) earlier in 2025.
In a post on X, the companies described this move as a major step in providing institutional investors worldwide with safe, legal, and effective digital asset solutions.
Custody Partnership and Institutional Services
The partnership started in April 2025 in the UAE with OKX’s collateral mirroring program. This program aims to improve risk management and reduce counterparty exposure. Institutional clients can trade digital assets while keeping funds safe off-exchange with Standard Chartered acting as a regulated custodian.
Expanding to Europe allows the companies to offer institutions a full-service value chain. This includes execution and custody under clear regulatory rules. Institutional clients in the EEA can use OKX’s trading platform with the security and trust of Standard Chartered’s custody services.
Margaret Harwood-Jones, Standard Chartered’s Global Head of Financing and Securities Services, said, “The expansion of our custody to the EEA is a big step forward in our work with OKX. We are committed to providing the highest levels of security and compliance for our institutional clients in Europe.”
OKX’s Regulatory Framework and Global Initiatives
OKX’s European operations are supported by its Markets in Crypto-Assets (MiCA) license. The license, acquired in March 2025, provides a consistent regulatory framework for crypto activities across Europe.
Earlier this month, OKX partnered with Binance to launch crypto payment cards in Brazil. OKX introduced OKX Pay, a digital account backed by stablecoins, and the OKX Card. Binance relaunched its Binance Card with Mastercard, enabling crypto-to-fiat conversion at the point of sale.
These partnerships show OKX’s focus on security, compliance, and innovation to increase institutional adoption of digital assets globally.
