OKX Europe, a crypto exchange licensed under the Markets in Crypto-Assets Regulation (MiCA) has expanded its partnership with Standard Chartered into the European Economic Area (EEA). The move makes available the firm’s collateral mirroring programme to its customers across the EEA.

The collateral mirroring programme was launched earlier this year in the UAE, marking the beginning of the partnership between OKX and Standard Chartered. The service allows institutional clients to hold their assets securely with Standard Chartered, while mirroring those balances in OKX for trading. The goal is to provide clients with both bank-grade custody and seamless exchange access.

In a blog post about the service expansion, OKX CEO Erald Ghoos described it as a step forward in aligning digital asset markets with the standards of traditional finance to bring greater assurance and credibility for institutions and clients.