🏦Standard Chartered Eyes Singapore for Institutional Crypto Custody
Standard Chartered is preparing to expand its digital asset custody business into Singapore, targeting institutional investors seeking secure infrastructure for their crypto holdings.
The planned service is expected to cover selected cryptocurrencies, stablecoins, and tokenized real-world assets (RWAs), reflecting the growing convergence of traditional finance and blockchain-based assets.
With existing crypto custody operations in the UAE, Luxembourg, and Hong Kong, Singapore could become the bank’s next strategic market as it continues to broaden its digital asset services globally. 🌐
Standard Chartered is preparing to expand its digital asset custody business into Singapore, targeting institutional investors seeking secure infrastructure for their crypto holdings.
The planned service is expected to cover selected cryptocurrencies, stablecoins, and tokenized real-world assets (RWAs), reflecting the growing convergence of traditional finance and blockchain-based assets.
With existing crypto custody operations in the UAE, Luxembourg, and Hong Kong, Singapore could become the bank’s next strategic market as it continues to broaden its digital asset services globally. 🌐