Standard Chartered Launches Hong Kong Crypto Custody

Standard Chartered and Solowin Holdings (AXG) have launched what they describe as Hong Kong’s first institutional crypto custody solution offered by a Global Systemically Important Bank (G-SIB). The initiative marks another step in the city’s efforts to position itself as a leading international hub for regulated digital assets.

The announcement, made on Thursday, underscores the growing institutionalisation of the crypto sector in Asia’s premier financial centre. It also reflects the increasing role traditional global banks are seeking to play in the rapidly evolving digital asset ecosystem.

According to the two firms, the new custody framework has been developed in close…