Standard Chartered expands digital asset custody to Singapore for institutional clients
Summary
Standard Chartered plans to launch regulated custody in Singapore for selected cryptocurrencies, stablecoins and tokenized real-world assets, serving institutional and accredited corporate clients rather than retail users. The service is subject to regulatory requirements, with no launch date or supported assets specified. It will extend the bank’s digital-asset business, built partly through custody arm Zodia, and cover asset safeguarding and the issuance and holding of tokenized assets. The move follows the bank’s institutional bitcoin and ether trading launch in Dubai and reflects its expansion across financial centers.
