Crypto:
36635
Bitcoin:
$92.029
% 1.38
BTC Dominance:
%58.7
% 0.13
Market Cap:
$3.14 T
% 1.16
Fear & Greed:
28 / 100
Bitcoin:
$ 92.029
BTC Dominance:
% 58.7
Market Cap:
$3.14 T

Crypto Banking Strengthens with Standard Chartered and FalconX Partnership

Standard Chartered

Standard Chartered continues to expand its institutional services for the crypto sector. The bank aims to further increase its influence in digital asset markets by establishing a strategic collaboration with FalconX, one of the leading crypto prime brokers.

Banking Infrastructure for Institutional Crypto Clients

As part of the partnership announced on May 14, FalconX will offer Standard Chartered’s banking infrastructure and access to a wide range of FX pairs to its institutional clients. This partnership has the potential to provide more robust banking and FX solutions to major players operating in the crypto market.

Initially starting with core banking services, this integration is planned to expand in the future to include a broader product range and mutual growth opportunities.

A Collaboration Beyond Banking

The collaboration between the two companies will not be limited to banking. The partnership will also include the development of new products and services for the crypto ecosystem. In this way, the digital asset needs of both FalconX’s and Standard Chartered’s institutional clients can be met more effectively.

The target customer base includes asset managers, hedge funds, token issuers, and payment platforms.

Matt Long, FalconX’s Managing Director for Asia-Pacific and the Middle East, referred to Standard Chartered as “one of the most visionary global banks when it comes to embracing digital assets.” Long said, “At FalconX, we provide trading and financing services to some of the world’s largest institutions in digital asset markets. This partnership enhances our ability to offer strong banking and FX solutions to our clients.”

Standard Chartered Maintains Its Commitment to Crypto

Luke Boland, Head of Fintech for South Asia at Standard Chartered, stated that this collaboration further strengthens the bank’s contribution to the digital asset ecosystem:

“As institutional interest in digital assets grows, we are proud to provide the banking infrastructure that enables firms like FalconX to deliver top-tier trading and financing solutions.”

This partnership is a new indication of the bank’s increasing commitment to the crypto sector.

In April, the bank launched a pilot project with a major crypto exchange aimed at offering crypto and tokenized fund collateral services to institutional investors.

Standard Chartered’s relationship with crypto actually dates back to 2016. At that time, the bank made its first move into the sector by investing in Ripple, the company behind XRP.

As global banks’ interest in digital assets continues to rise, partnerships like the one with FalconX strengthen expectations that institutional crypto adoption will accelerate in the second half of 2025.


You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

Leave a Reply

Your email address will not be published. Required fields are marked *