OKX announces plan to integrate with BitGo Bank and Trust

OKX announced its plan to integrate with BitGo (BTGO) Bank and Trust, National Association, an OCC-regulated digital asset trust bank and subsidiary of BitGo Holdings, bringing automated off-exchange settlement infrastructure to institutional clients trading on OKX in the United States. OKX Founder and CEO Star Xu said: “Safeguarding customer assets isn’t just a priority, it’s foundational to everything we build. Over the years, we’ve invested significantly in developing a high-standard, in-house custody infrastructure that has been tested and proven at scale. At the same time, we’ve expanded our custody partnerships with trusted leaders like BitGo to give clients greater flexibility and choice in how they secure their assets. Capabilities such as off-exchange settlement are an important step forward for the industry, reducing counterparty risk while enabling more efficient capital deployment. Combining robust internal systems with best-in-class external partners is key to strengthening trust and accelerating institutional adoption.”