Standard Chartered Expands Crypto Custody to Singapore

Standard Chartered is launching institutional-grade custody services for digital assets and real-world assets (RWA) in Singapore for institutional and accredited corporate investors.

The top 3

  1. Target Audience: Institutional and Accredited Investors: The service is strictly restricted to institutional clients and accredited corporate investors, adhering to local regulatory frameworks.
  2. Assets Covered: Crypto and Real-World Assets: The custody platform supports both native cryptocurrencies and tokenized real-world assets, reflecting the bank's strategy to bridge traditional finance with blockchain.
  3. Regulatory Compliance Framework: The expansion operates under the oversight of Singapore's financial authorities, ensuring all digital asset services meet mandatory licensing requirements.

Sources

Open the full topic