Standard Chartered scales institutional crypto banking with FalconX
Global bank Standard Chartered has beefed up its banking support to the cryptocurrency industry by inking a new partnership with the crypto prime broker FalconX.
Standard Chartered will provide a comprehensive suite of banking services to FalconX’s global institutional clients following a strategic partnership, the companies announced on May 14.
As part of the collaboration, FalconX will initially integrate Standard Chartered’s banking infrastructure and access to a range of diverse currency pairs for its institutional clients.
The partnership ultimately aims to include a broader range of offerings and mutual opportunities, the announcement noted.
Crypto support beyond banking
The partnership is expected to “expand beyond banking”…