19h
...
Standard Chartered has launched spot trading for Bitcoin and Ether becoming the first major global bank to offer this service to institutional clients. The service is available through its UK branch during Asia and Europe trading hours with plans to expand to 24/5 trading.
Clients can access crypto markets using the bank’s existing FX trading platforms allowing asset managers corporates and large financial institutions to trade directly in BTC and ETH. Trades can be settled with a custodian of their choice including Standard Chartered’s in-house custody platform.
The bank has long supported digital assets through ventures like Zodia Custody Zodia Markets and Libeara. Its latest move reinforces its leadership in crypto with further plans to introduce non-deliverable forwards and expand its digital asset offerings as institutional demand grows.
