Standard Chartered Rolls Out Bitcoin and Ether Spot Trading for Institutional Clients
- StanChart launches Bitcoin and Ether spot trading for institutions via UK-regulated platform.
- Bank expands crypto strategy with stablecoin and collateral programs across Asia.
- StanChart becomes the first global bank to offer deliverable crypto spot trades.
The global banking giant Standard Chartered has launched a new spot trading desk for Bitcoin and Ethereum. The bank confirmed on Tuesday that its UK-based desk is now live, making it the first major global bank to offer direct crypto trading to its institutional clients.
The new service enables clients like asset managers, corporations, and institutional investors to access the Bitcoin and Ether markets using their traditional foreign exchange (FX) trading platforms. Standard Chartered stated that non-deliverable forwards will also be introduced soon, which will expand the suite of crypto trading options available.
Related: Deutsche Bank and Standard Chartered Expands Into U.S. Crypto Market
In response to rising institutional demand
The bank’s announceme…
The post Standard Chartered Rolls Out Bitcoin and Ether Spot Trading for Institutional Clients appeared first on Coin Edition.
Read More
Standard Chartered Rolls Out Bitcoin and Ether Spot Trading for Institutional Clients
- StanChart launches Bitcoin and Ether spot trading for institutions via UK-regulated platform.
- Bank expands crypto strategy with stablecoin and collateral programs across Asia.
- StanChart becomes the first global bank to offer deliverable crypto spot trades.
The global banking giant Standard Chartered has launched a new spot trading desk for Bitcoin and Ethereum. The bank confirmed on Tuesday that its UK-based desk is now live, making it the first major global bank to offer direct crypto trading to its institutional clients.
The new service enables clients like asset managers, corporations, and institutional investors to access the Bitcoin and Ether markets using their traditional foreign exchange (FX) trading platforms. Standard Chartered stated that non-deliverable forwards will also be introduced soon, which will expand the suite of crypto trading options available.
Related: Deutsche Bank and Standard Chartered Expands Into U.S. Crypto Market
In response to rising institutional demand
The bank’s announceme…
The post Standard Chartered Rolls Out Bitcoin and Ether Spot Trading for Institutional Clients appeared first on Coin Edition.
Read More