Standard Chartered Expands Prime Brokerage Partnership With 24X to Cover BTC and ETH
Summary
24X Bermuda says Standard Chartered is extending its prime-brokerage relationship to include Bitcoin and Ether trading on 24X’s multi-asset platform. The setup lets institutional clients use Standard Chartered as their central counterparty while 24X provides execution, matching and processing. The expansion adds BTC and ETH spot services to existing FX, non-deliverable forward and spot offerings; it does not cover all tokens or jurisdictions, and is not a retail exchange launch. The announcement gives no details on trading volumes, fees or live client activity. The arrangement may streamline institutional access, but does not eliminate volatility, liquidity or infrastructure risks. Its commercial impact will depend on client adoption.
