Standard Chartered Launches Institutional Spot BTC, ETH Trading
2025-07-15 10:40:09
Main Idea
Standard Chartered is launching direct spot trading for Bitcoin and Ethereum, expanding its crypto services, while competitors like JPMorgan and Goldman Sachs take a more conservative approach.
Key Points
1. Standard Chartered will offer direct spot trading for Bitcoin and Ethereum, including access via FX trading interfaces.
2. The bank plans to introduce non-deliverable forwards (NDFs) trading for Bitcoin and Ethereum.
3. Standard Chartered is also involved in broader crypto strategies, such as tokenization partnerships with Animoca Brands and HKT in Hong Kong.
4. Competitors like JPMorgan and Goldman Sachs have adopted a more cautious stance on direct crypto spot trading.
5. Standard Chartered's CEO, Bill Winters, has consistently supported digital assets, stating they are 'here to stay.'
Description
Standard Chartered has become the first internationally recognized financial heavyweight to launch direct spot trading for Bitcoin and Ethereum. The offering positions the UK-based institution at the forefront of regulated digital asset integration within traditional finance. Launch Mechanics and Client Access According to reports, the new service will allow institutional clients, including asset managers, corporations, and large investors, to trade BTC and ETH directly using FX trading interfac...
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