Standard Chartered is launching spot trading for Bitcoin and Ethereum through its UK branch, aiming to integrate digital assets into the traditional financial system.
Full Integration of Digital Assets at Standard Chartered
Standard Chartered Bank announced the launch of digital assets trading services for institutional clients, including spot trading for Bitcoin (XBT/USD) and Ether (XET/USD) via its UK branch.
Applying Global Standards in Crypto Trading
Tony Hall, the Global Head of Trading at Standard Chartered, confirmed that the bank is applying global expertise and infrastructure to build client trust. This initiative indicates that Standard Chartered is aligning with global trends in cryptocurrency adoption.
Expanding Bank's Crypto Services to Real-World Assets
In addition to spot trading, the bank offers digital asset custody and trading through its Corporate and Investment Bank. It also provides digital asset tokenization services through its ventures with Libeara.
Known for its risk management, Standard Chartered takes a significant step in digital finance, enhancing its innovation criteria.