Standard Chartered Rolls Out Bitcoin and Ether Spot Trading for Institutional Clients
2025-07-15 15:07:06
Main Idea
Standard Chartered has launched Bitcoin and Ether spot trading for institutional clients, becoming the first major global bank to offer direct crypto trading services.
Key Points
1. Standard Chartered's UK-based desk is now live, offering Bitcoin and Ethereum spot trading to institutional clients like asset managers and corporations.
2. The bank's CEO, Bill Winters, cited rising institutional demand and the need for compliant crypto infrastructure as reasons for the new service.
3. This move aligns with Standard Chartered's broader crypto strategy, including collaborations with OKX, Franklin Templeton, and a stablecoin project in Hong Kong.
4. The bank has applied for a license under Hong Kong's new regulatory regime to issue a stablecoin backed by fiat currency.
Description
StanChart launches Bitcoin and Ether spot trading for institutions via UK-regulated platform. Bank expands crypto strategy with stablecoin and collateral programs across Asia. StanChart becomes the first global bank to offer deliverable crypto spot trades. The global banking giant Standard Chartered has launched a new spot trading desk for Bitcoin and Ethereum. The bank confirmed on Tuesday that its UK-based desk is now live, making it the first major global bank to offer direct crypto trading t...
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