Overview
- Bloomberg, as relayed by Crypto Briefing, reports the bank is considering a dedicated digital-asset prime brokerage under its SC Ventures unit.
- Discussions are at an early stage with no finalized plan or launch timeline, according to people familiar with the matter.
- The contemplated platform would cater to institutional clients across custody, financing, trading, and clearing for crypto assets.
- The move follows December’s announcement of an expanded Standard Chartered–Coinbase partnership to build institutional prime capabilities including trading, custody, staking, and lending.
- It builds on SC Ventures’ broader digital-asset push, including backing for Zodia Custody and related ventures focused on institutional-grade infrastructure.