British bank Standard Chartered (LON: STAN) is expanding its cryptocurrency custody services for institutions in Singapore.

The London-based bank said that it plans to offer custody for select crypto assets, stablecoins, and tokenized real-world assets (RWAs) to institutional investors.

Crypto custody is the storage, protection, and management of private keys, the cryptographic codes that prove ownership of digital assets and allow people to transfer them on a blockchain.

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Standard Chartered also said that it plans to extend its existing crypto custody services to new markets in the United Arab Emirates…