becoming a post-FTX industry norm, and OKX's latest published PoR shows the exchange has $12.5 billion in assets and is over-collateralized.
"Customers often express concerns in person about centralized exchanges, highlighting issues with security, solvency and downtimes, even if they don't always voice these concerns digitally," OKX Chief Marketing Officer Haider Rafique said in an interview with CoinDesk. "In the future, we will likely have more custody partners based on jurisdictions or customer type," he said."For instance, we might use one custody partner for institutional clients and another for retail clients due to differing use cases.