Standard Chartered Expands Institutional Digital Asset Partnership with Major Crypto Exchange

Source: Coinspaidmedia Original Title: Standard Chartered and Coinbase Expand Institutional Crypto Services Original Link: https://coinspaidmedia.com/news/standard-chartered-and-coinbase-expand-crypto-infrastructure/ Banking giant Standard Chartered expanded its partnership with cryptocurrency exchange and compliance-focused digital asset platform to create global institutional digital asset solutions, including trading, custody, and lending services.

Standard Chartered announced the expansion of its partnership with a leading crypto exchange in the digital assets space. Together, the companies plan to develop a range of products for institutional clients.

The expanded partnership leverages Standard Chartered’s international infrastructure and the exchange’s technology platform, aiming to provide unified and secure access to digital asset operations for clients worldwide. In particular, the companies plan to jointly develop prime services, including:

• margin lending
• custody solutions
• clearing and settlement
• access to major venues and liquidity aggregators
• staking

The initiative builds on the parties’ existing collaboration in Singapore, where Standard Chartered acts as a link to the banking infrastructure for clients conducting transfers in Singapore dollars. The new agreement takes the partnership beyond a regional scope and is aimed at creating scalable global services with a high level of compliance and security.

According to Margaret Harwood-Jones, Global Head of Financing & Securities Services at Standard Chartered, strengthening the partnership will combine the bank’s expertise in cross-border trading and custody operations with the exchange’s technological capabilities in building digital asset infrastructure.

A representative from the exchange noted that deepening the relationship with Standard Chartered is a key step in expanding institutional access to digital assets. They also expressed hope that the partnership will help create infrastructure capable of supporting further growth in institutional participation in the market and accelerating the transformation of the financial ecosystem.

Standard Chartered is actively entering into partnerships with payment providers, FinTech companies, and crypto exchanges across various regions. The corporation is also testing settlements for tokenized assets, has launched crypto custody services in multiple regions, and obtained licenses to provide crypto custody services in various jurisdictions.