Standard Chartered Extends Institutional Bitcoin and Ether Spot Trading to the UAE
🌍 Standard Chartered becomes the first Global Systemically Important Bank to offer deliverable Bitcoin and Ether spot trading to institutional clients in the UAE, enhancing its digital asset services in the region.
🔗 The trading service is integrated with the bank's existing custody solutions and electronic platforms, allowing clients to settle trades through their chosen custodians, including Standard Chartered's own custody service.
🚀 This initiative is part of a broader digital asset strategy by Standard Chartered, which includes partnerships for USDC minting, a $100 million joint venture with SBI Holdings, and a focus on compliance tools and tokenization.
🌍 Standard Chartered becomes the first Global Systemically Important Bank to offer deliverable Bitcoin and Ether spot trading to institutional clients in the UAE, enhancing its digital asset services in the region.
🔗 The trading service is integrated with the bank's existing custody solutions and electronic platforms, allowing clients to settle trades through their chosen custodians, including Standard Chartered's own custody service.
🚀 This initiative is part of a broader digital asset strategy by Standard Chartered, which includes partnerships for USDC minting, a $100 million joint venture with SBI Holdings, and a focus on compliance tools and tokenization.