Standard Chartered Plans Institutional Crypto Brokerage for 2026
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Standard Chartered is exploring a crypto trading and prime brokerage service through SC Ventures, indicating traditional banks' growing interest in crypto. However, no launch date has been confirmed. The bank has revised its Ethereum price forecast to $7,500 by the end of 2026.
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- Standard Chartered explores crypto trading and prime brokerage via SC Ventures.
- Launch date has not been set, and the bank has neither confirmed nor denied the news.
- Standard Chartered cut its Ethereum forecast, now seeing ETH at $7,500 by the end of 2026.
Standard Chartered is said to be looking into starting a crypto trading and prime brokerage business under its in-house innovation team, SC Ventures.
This would be a notable step for the bank in expanding its services for large crypto investors, showing that traditional banks are continuing to prepare for more crypto involvement. However, a launch date has not been set, and the bank has neither confirmed nor denied the news.
This development is similar to steps taken by other major banks. For instance, Morgan Stanley recently applied to launch crypto ETFs, and Bank of America allowed its advisors to use spot B…
Read The Full Article Standard Chartered Plans Institutional Crypto Brokerage for 2026 On Coin Edition.
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