Posted 11/15/2023, 7:30:00 AM
OKX Launches Institutional-Grade Off-Exchange Derivatives Trading with CoinShares and Komainu Custody
- OKX rolls out off-exchange derivatives trading via CoinShares and Komainu custody setup
- Avoids counterparty risk of exchange-based trading after FTX blowup
- Mirrors collateral to enable full suite of OKX derivatives products
- Standardized legal agreement allows multiple counterparties to use system
- Brings institutional-grade custody standards to crypto derivatives markets