Standard Chartered has introduced Bitcoin (BTC) and Ether (ETH) spot trading services for institutional clients through its United Kingdom-based trading desk. This strategic move provides regulated digital asset access within the bank’s traditional financial framework, reinforcing its commitment to integrating cryptocurrencies into institutional services.
The bank offers flexible custody solutions during transactions, allowing clients to select from multiple custodians including Standard Chartered’s own institutional-grade custody service. This approach prioritizes security while accommodating diverse client requirements for asset safekeeping.
Beyond spot trading, Standard Chartered has announced plans to expand into cryptocurrency derivatives, specifically non-deliverable forwards (NDFs). These instruments aim to enhance precision for institutional trading strategies and risk management in the digital asset market.
Complementing its European expansion, Standard Chartered is extending cryptocurrency custody services to the United Arab Emirates, targeting emerging markets with increasing institutional digital asset demand. This regional growth strategy seeks to establish secure, regulated custody solutions in global financial hubs.
These initiatives collectively demonstrate Standard Chartered’s structured approach to aligning digital assets with conventional financial services, emphasizing regulatory compliance and institutional-grade infrastructure. The bank’s multi-product expansion reflects growing industry momentum toward integrating blockchain-based assets within established financial systems.