OKX, a prominent digital asset exchange and on-chain technology company, has unveiled its latest offering, OKX Rubix, designed specifically for regulated financial institutions. This modular workflow solution aims to facilitate the provision of digital-asset services without necessitating extensive new infrastructure or imposing additional operational burdens.
Rubix integrates into an institution’s existing operations—spanning front, middle, and back-office processes—by consolidating essential components such as market access, execution, custody, settlement, and compliance controls into a cohesive framework. Institutions can thus offer regulated digital-asset services while upholding their own brand experience and governance policies.
The flexibility of Rubix allows institutions to select only the components that align with their current operating models and risk frameworks, which include:
- Regulated Market Access: compliant coverage across multiple jurisdictions including Europe, the UAE, Australia, Argentina, and the United States.
- Liquidity & Execution: access to deep liquidity through both central-limit-order-book markets and OTC Request for Quote (RFQ) services.
- Post-Trade Settlement: features like delayed settlement to enhance capital efficiency without the need for exchange pre-funding.
- Connectivity: integrations with existing Order Management Systems (OMS) and Execution Management Systems (EMS), facilitating use via FIX, REST, and WebSocket APIs.
- Off-Exchange Custody: partnership with preferred licensed bank custodians and third-party providers to minimize counterparty risks.
- Collateral Optimization: allowing the use of fiat, stablecoins, crypto assets, and tokenized money-market funds for collateral.
- Additional Services: ranging from credit lines and loans to fiat on/off ramps and enterprise-grade account controls.
Simon Ren, Senior Vice President of OKX Institutional, articulated the need for such a solution, stating that despite institutional readiness to meet client demand for digital assets, many have faced challenges related to complexity and compliance. Rubix is designed to dismantle these barriers with its modular, interoperable design. This solution not only allows institutions to craft a workflow tailored to their unique needs but also ensures that the infrastructure remains compliant and scalable through OKX’s support.
OKX is collaborating with a network of regulated custodians and OMS/EMS providers to enable customized regional configurations that adhere to local regulatory standards, thus promoting interoperability in digital asset adoption.
Currently, Rubix has been deployed and is operational with institutional partners in regions including Europe, Asia-Pacific, the UAE, and Latin America, with more institutions in the onboarding process.
The introduction of Rubix marks a significant advancement in the digital asset space, reinforcing OKX’s vision that the future of digital asset adoption lies in seamless integration rather than fragmentation.
For media inquiries regarding this announcement, you can reach out to OKX directly at media@okx.com.
OKX has earned the trust of over 100 million customers worldwide, establishing itself as a leader in building a decentralized future. With headquarters in the Americas and the Middle East, along with several regional offices, OKX continues to prioritize transparency and security within the rapidly evolving digital asset market, publishing regular Proof of Reserves reports.
Institutions looking to delve into digital assets or enhance their trading strategies can find a compliant and flexible foundation in OKX’s offerings, setting the stage for robust participation in the digital asset arena.
