Standard Chartered plans to launch crypto prime brokerage under its VC unit
Crypto Briefing
Standard Chartered is planning to launch a crypto prime brokerage through its venture capital arm, SC Ventures.Summary
Standard Chartered, the British multinational bank, is reportedly planning to introduce a crypto prime brokerage service operating under its venture capital division, SC Ventures. While discussions are preliminary and no launch timeline is set, this move aligns with the bank's ongoing digital asset strategy pursued via SC Ventures, which includes investments in platforms like Zodia Custody. Furthermore, Standard Chartered recently expanded its partnership with Coinbase to develop comprehensive crypto prime services, such as trading, custody, staking, and lending, for institutional clients.
(Source：Crypto Briefing)