OKX debuts new digital asset access service for banks
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Crypto exchange OKX has launched a new service that would provide access to digital assets for institutional clients who wish to offer crypto services to customers. Summary OKX has launched Rubix, a modular workflow solution that allows financial institutions to integrate regulated digital-asset services into their existing systems without building new infrastructure. The platform aims to simplify crypto adoption for banks and asset managers by reducing compliance and operational barriers, enabling them to diversify services, unlock new revenue streams, and meet growing institutional demand for digital assets. According to a press release sent to crypto.news, the crypto exchange platform has introduced a new modular workflow solution that lets financial institutions provide digital asset services to clients and customers without having to build new infrastructure. The new service, dubbed Rubix, allows institutions to integrate digital assets into their existing operations while retaining their business model. By integrating Rubix, financial institutions like banks, brokers and asset managers can embed digital assets directly into their existing platforms. The service aims to help banks diversify their services to include new crypto asset classes and unlock revenue streams that were previously inaccessible to traditional finance firms. Institutions can choose the components that they need and integrate them into operating models, risk frameworks, and governance structures. This modular approach gives firms the flexibility to adopt digital-asset capabilities without disrupting established front, middle and back-end processes. Some of the features available for institutional clients include the regulated market access module, which covers key jurisdictions to maintain regulatory compliance with existing regional frameworks, such as MiCA or MiFID II in Europe, VARA in the UAE, AFSL or AUSTRAC in Australia, CNV in Argentina, and U.S. MSB or MTL licensing. In addition, OKX Rubix provides companies with access to deep central-limit-order-book markets and over-the-counter RFQ systems and the ability…
Filed under: News - @ October 23, 2025 11:28 am