OKX to offer off-exchange settlement for US institutions via BitGo

OKX has introduced BitGo's off-exchange settlement service for its U.S. institutional clients, Cointelegraph reported. The integration allows institutions holding their crypto assets with BitGo to trade on the OKX platform. The outlet noted that this move represents a major infrastructure development following an investment from Intercontinental Exchange (ICE) in early March, which valued OKX at $25 billion and secured ICE a seat on its board.