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OKX has partnered with Standard Chartered to introduce a collateral mirroring program for institutional crypto trading, aiming to bolster trust amid regulatory challenges. The initiative allows digital assets to be used as collateral while being securely custodied by the bank. Despite past fines, OKX reports significant growth in wallet users and DEX trading volume.
- OKX’s collateral mirroring program lets institutions trade crypto using custodied assets, enhancing security and trust.
- Despite $1.7M+ in AML fines, OKX grew wallet users by 1000% and DEX volume by 20x in 2024.
- Standard Chartered’s involvement provides regulatory credibility, with tokenized MMFs from Franklin Templeton.
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