Overview

• Standard Chartered becomes the first global systemically important bank to offer deliverable Bitcoin and Ether spot trading to institutional clients
• The service is integrated into the bank’s existing FX platform through its UK branch, allowing corporates, asset managers and investors to trade crypto via familiar interfaces
• Trading is available during Asia and Europe hours, and the bank is evaluating full 24/5 market access as client demand evolves
• Clients can settle spot Bitcoin and Ether trades to a custodian of their choice, including Standard Chartered’s in-house custody service
• Standard Chartered plans to expand its digital asset suite with non-deliverable forwards for both Bitcoin and Ether