In brief
- The partnership will begin in Singapore, with plans to expand to the U.S. and the Middle East.
- Standard Chartered has continued to scale crypto operations across custody and trading over the past year.
- FalconX is pursuing strategic expansion in institutional crypto markets.
Standard Chartered is teaming up with digital assets prime brokerage FalconX in a deal aimed at bolstering crypto services for institutional investors.
FalconX said in a statement it will tap into Standard Chartered’s banking infrastructure and foreign exchange capabilities to streamline access to digital assets for its institutional clientele.
It will initially focus on clients in Singapore before expanding to other parts of Asia, the Middle East, and the…
