Cryptocurrency-friendly lender standard is claiming to be the first global bank to be the first global bank to offer in the standard bitcoin
And ether (Eth) For institutional customers.
The bank was rolled out via UK branches, initially available through our UK unit, during Asia and Europe trading hours, with 24/5 access, available with access to client demand, said René Mikou, the global head of digital assets.
“Standard Chartered Cryptosate is the first global systematically important bank to offer trading.” Mikau said in an email. “We define institutional customers as asset managers and investors and large multinational companies that are our corporate and investment banking division customers.”
Standard chartered include crypto and digital assets for some time. The bank now offers digital assets detention and trading through its corporate and investment bank, and invested in Stanchart through companies, such as Zodia Custody and Zodia Markets. It also provides digital asset tooling services through its portfolio company Liberara.
The new service has been integrated into the existing trading platforms of the standard chartered, allowing corporates, asset managers and institutional investors to reach the crypto markets through familiar FX interfaces. Customers can organize trades for a mentor of their choice, including Standard Chartered in-House detention service.
Now the focus will be on BTC and ETH Spot Trading, including the introduction of a non-delicious forward with a plan to expand services suits for these crypto assets (NDFS) Trading, Mikou said.