Cointelegraph reported that OKX has introduced BitGo's (BTGO) external settlement services for its institutional clients in the US. Institutions storing cryptocurrencies with BitGo can now also conduct trades on OKX. The media added, "This move is a major infrastructure development that comes after Intercontinental Exchange (ICE) recognized OKX with a $25 billion valuation, invested, and secured a board seat in early March."