StanChart Rolls Out Spot Bitcoin, Ether Trading for Institutions

2025-07-15 07:54:41

Main Idea

Standard Chartered (StanChart) has launched regulated spot Bitcoin and Ether trading for institutional clients, expanding its crypto services in line with emerging market trends and regulatory frameworks.

Key Points

1. StanChart introduced spot Bitcoin and Ether trading for institutional clients, operating within UK regulations.

2. The bank has partnered with OKX and Franklin, and its Hong Kong subsidiary collaborated with Animoca Brands and HKT to launch a stablecoin venture.

3. StanChart plans to issue a Hong Kong dollar-backed stablecoin under the city’s new regulatory framework and has applied for approval from the Hong Kong Monetary Authority.

4. The move reflects StanChart's focus on emerging markets and its efforts to grow its crypto business in the US and Asia.

5. The offering aims to serve institutional clients as the financial sector increasingly moves toward on-chain solutions.

Description

StanChart has launched spot trading services for Bitcoin and Ether through its UK branch, marking a notable milestone as it becomes the first global systemically important bank to offer institutional clients direct access to these digital assets in a regulated manner. The move, Reuters reported Tuesday, allows corporates, asset managers and institutional investors to trade Bitcoin and Ether through familiar foreign exchange trading interfaces. The bank added that non-deliverable forwards would a...

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