Major move in the institutional crypto space: Standard Chartered, the $400 billion financial powerhouse, is preparing to roll out its cryptocurrency prime brokerage service. This represents a significant push by one of the world's largest banking institutions to deepen its footprint in digital asset trading and custody. The development underscores growing mainstream acceptance of crypto infrastructure among traditional finance players, potentially reshaping how institutional investors access and manage their cryptocurrency positions. Such moves typically accelerate adoption curves and bring additional liquidity and credibility to the broader market.
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SquidTeacher
· 23h ago
Standard Chartered's move isn't simple. The major banks finally can't hold back anymore. As soon as the prime brokerage service goes live, institutional trading will get chaotic.
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DegenDreamer
· 01-12 23:53
Standard Chartered, you're serious? When big banks get involved, it's a different story. This wave of institutional participation is about to take off.
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SerLiquidated
· 01-12 23:51
Is Standard Chartered going to launch a prime brokerage? It looks like traditional finance is really entering the scene. Are we still far from institutional big buys?
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potentially_notable
· 01-12 23:40
Major banks are entering the scene one after another, traditional finance can no longer sit still... But honestly, does this really benefit retail investors?
Major move in the institutional crypto space: Standard Chartered, the $400 billion financial powerhouse, is preparing to roll out its cryptocurrency prime brokerage service. This represents a significant push by one of the world's largest banking institutions to deepen its footprint in digital asset trading and custody. The development underscores growing mainstream acceptance of crypto infrastructure among traditional finance players, potentially reshaping how institutional investors access and manage their cryptocurrency positions. Such moves typically accelerate adoption curves and bring additional liquidity and credibility to the broader market.