Standard Chartered plans institutional crypto custody in Singapore
Summary
Standard Chartered plans to launch digital-asset custody services in Singapore for institutional clients and qualifying corporate accredited investors, subject to regulatory requirements. The service is expected to cover selected cryptocurrencies, stablecoins and tokenized real-world assets; the bank has not yet specified supported cryptocurrencies. The move expands its custody business as it consolidates existing operations, including a planned acquisition of Zodia Custody’s custody business. In the UAE, Standard Chartered also offers spot Bitcoin and Ether trading and provides banking infrastructure for CoinMENA.
