Standard Chartered Bank Singapore announced on October 8, 2026, that it plans to provide custody services for institutional investors and accredited investor companies, covering selected crypto assets, stablecoins, and tokenized real-world assets (RWAs). The move marks an expansion of the bank’s digital asset custody business into Singapore, an Asian financial hub, following its presence in the United Arab Emirates, Luxembourg, and Hong Kong.
1. Service Details and Target Clients
According to an official statement from Standard Chartered, the planned custody service is aimed at institutional investors and accredited investor companies. It will cover selected crypto assets, stablecoins, and tokenized real-world assets (RWAs). The service will be subject to applicable regulatory requirements in Singapore, but the list of supported cryptocurrencies and assets has not been publicly disclosed.
It should be noted that this service is not intended for retail investors, but is specifically for institutional clients. Standard Chartered has also not announced a specific launch date or the list of cryptocurrencies that will be supported.