Standard Chartered Says It’s the First Global Bank to Offer Spot Bitcoin, Ether Trading
2025-07-15 08:11:07
Main Idea
Standard Chartered Bank's UK branch is the first global systemically important bank to offer regulated, deliverable spot trading for Bitcoin and Ether to institutional clients.
Key Points
1. Standard Chartered's UK branch provides spot trading for Bitcoin (BTC) and Ether (ETH) to institutional clients during Asia and Europe trading hours.
2. The bank also offers digital assets custody, trading through subsidiaries like Zodia Custody and Zodia Markets, and tokenization services via Libeara.
3. Clients can access crypto markets through familiar FX interfaces, with a current focus on BTC and ETH spot trading and plans to expand to non-deliverable forwards (NDFs).
4. Standard Chartered emphasizes its role as the first global systemically important bank to enter the cryptoasset trading space.
Description
Cryptocurrency-friendly lender Standard Chartered is claiming bragging rights of being the first global bank to offer spot trading in bitcoin (BTC) and ether (ETH) to institutional clients. The offering, rolled out through the bank’s UK branches, is available initially via our UK entity, during Asia and Europe trading hours, with 24/5 access under consideration as client demand evolves, said Rene Michau, global head of digital assets. “Standard Chartered is the first global systemically importan...
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