- Standard Chartered leads in crypto trading among global banks, launching Bitcoin and Ethereum desk in London.
- Investments in Zodia Custody and Zodia Markets enhance Standard Chartered’s foothold in digital assets.
- Standard Chartered integrates cryptocurrency trading into its FX unit, aiming for reliable and efficient services.
Standard Chartered is poised to become one of the first global banks to offer Bitcoin and Ethereum trading with the launch of a new desk within its foreign exchange (FX) trading unit. The London-based desk will cater to the growing institutional demand for direct investment in digital assets, particularly following the recent launch of Bitcoin and Ethereum ETFs in the United States.
According to Bloomberg report, this move is part of Standard Chartered’s broader plan to capitalize on the growing interest in digital assets from institutional investors. The bank has been working with regulators to ensure a strong reputation in the nascent crypto asset market.
Standard Chartered’s investments in Zodia Custody and Zodia Markets have already established the company’s presence in the digital asset market. Zodia Custody provides instituti…
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