Standard Chartered to Launch Institutional Crypto Custody Services in Singapore
Standard Chartered plans to launch digital asset custody services in Singapore for institutional and eligible corporate clients, according to Cointelegraph. The offering will cover cryptocurrencies, stablecoins, and tokenized assets, the outlet reported.
The move extends the bank’s existing crypto custody footprint in the UAE, Luxembourg, and Hong Kong, according to The Block. CoinDesk also confirmed the bank’s plan to bring institutional crypto and real-world-asset (RWA) custody to Singapore.
The expansion adds another jurisdiction to Standard Chartered’s growing institutional digital asset custody network, positioning the bank to serve clients across multiple financial hubs with services spanning both digital-native tokens and tokenized versions of traditional assets.
Sources: The Block, Cointelegraph, CoinDesk
This article is for information only and is not financial advice.
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