170-year-old bank now holds OKX institutional clients’ crypto in Europe
PositiveCryptocurrency

In a significant development for the cryptocurrency sector, the 170-year-old Standard Chartered bank is now safeguarding crypto assets for OKX's institutional clients in Europe. This partnership comes at a time when the market is facing challenges, with October's crypto crash sparking concerns about volatility. However, OKX Europe’s Erald Ghoos emphasizes that this collaboration showcases a more stable and secure approach to digital assets, countering the 'Wild West' narrative often associated with the crypto world. This move not only enhances trust in cryptocurrencies but also signals a growing acceptance of digital assets by traditional financial institutions.
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