Standard Chartered opens crypto trading to corporate clients
Standard Chartered launches spot crypto trading for institutions via UK branch
Multinational bank Standard Chartered has launched a spot trading service for major cryptocurrencies, allowing institutional and corporate clients to trade Bitcoin (BTC) and Ether (ETH) directly through its UK branch.
The move marks a significant step in the bank’s broader digital asset strategy and aims to meet growing institutional demand for regulated crypto exposure, reports Cointelegraph.
This spot service is expected to be followed by non-deliverable forwards (NDFs), offering more sophisticated hedging tools for professional investors.
Seamless Integration with FX Platforms and Flexible Custody Options
The crypto trading service is fully integrated into Standard Chartered’s existing foreign exchange infrastructure, allowing clients to execute crypto trades through familiar interfaces. Institutions can also choose from multiple crypto custody providers, including the bank’s own proprietary custody solution. This flexibility supports diverse client needs and adheres to varying regulatory standards across jurisdictions. Standard Chartered’s emphasis on seamless user experience aims to simplify crypto adoption among large financial institutions.
Crypto Innovation at the Heart of Standard Chartered’s Strategy
Standard Chartered CEO Bill Winters underscored the bank’s long-term view of digital assets, calling them “foundational” to the future of financial services. He emphasized the role of crypto in fostering innovation, financial inclusion, and industry growth. The bank has steadily built out its crypto infrastructure, including the launch of regulated Bitcoin and Ether custody in the UAE last year. This latest expansion cements Standard Chartered’s position as one of the few global banks offering end-to-end crypto services for institutional clients.
Recently we wrote that Gemini has introduced 14 new tokenized U.S. stocks to its European Union investors, continuing its push into regulated digital equities.
