Standard Chartered News

Standard Chartered Bank has revised its bitcoin price prediction, forecasting a rise to $120,000 by the end of 2024. The renewed push for a bitcoin exchange-traded fund (ETF) by BlackRock and other institutions could potentially propel the cryptocurrency even higher.…

The Hong Kong Monetary Authority urges prominent banks to engage with crypto exchanges to stimulate the digital assets industry. The Hong Kong Monetary Authority (HKMA) is urging key banks, including HSBC and Standard Chartered, to onboard cryptocurrency exchanges as clients…

Standard Chartered Bank has revealed plans to offer institutional-grade digital assets custody services in Dubai via its subsidiary, Zodia Custody, pending regulatory approval. Barely three months after reaching a definitive agreement with Japan’s SBI Digital Asset Holdings to set up…

Zodia Custody, a London-based crypto storage solution backed by Standard Chartered and Northern Trust, is now part of Tech Zero

Standard Chartered Bank’s crypto custody arm Zodia Custody Ltd., has closed a $36 million funding round led by SBI Holdings. The funding will enable Zodia to expand its geographical presence and add support for more crypto assets, including staked ether…

Standard Chartered Plc. makes strategic investment in Partior, becoming a Founding Shareholder of Partior of the blockchain payment network.

Zodia Custody has integrated with Fireblocks to offer its institutional clients direct access to the latter’s network of more than 1,000 liquidity partners, while also significantly enhancing the connectivity of its crypto custody platform, according to a press release on…

With the help of financial services heavyweights Standard Chartered and Northern Trust, crypto custody startup Zodia is developing new solutions for institutional investors in an effort to generate returns.

British banking giant Standard Chartered has expressed its optimism on the future of leading altcoin Ethereum. Standard Chartered expressed its opinion in a research note published on Tuesday, September 7, 2021. The bank explains that although ETH remains closely linked…

The UK-based multinational bank Standard Chartered has established a joint venture with Chinese supply chain finance technology company Linklogis to create a blockchain-based trade finance platform. Blockchain Trade Finance Venture in Singapore Standard Chartered made the announcement in a press…

TP ICAP is joining forces with Standard Chartered’s digital asset custody unit and Fidelity Investments to launch a bitcoin (BTC) and altcoins trading venue. The team says the move is in a bid to meet the growing demand of clients…

A June 2 report by Reuters revealed that a StanChart PLC unit is looking to establish a crypto brokerage and exchange platform in Britain and Europe. The new exchange will target institutional clients. Targeting Crypto Adoption The crypto platform will…

Zodia Custody is an institutional-grade custody solution formed following the partnership between SC Ventures—a unit of the London-based Standard Chartered Bank, and Northern Trust—an asset servicing provider, a press release on Dec 9 reveals. FCA Approval Pending It shall begin operations in…

Standard Chartered Bank has successfully executed Bangladesh’s first blockchain trade transaction by issuing a Letter of Credit over the Contour blockchain network, New Age reports. Letter of Credit Issued on Blockchain In a first for Bangladesh, Standard Chartered Bank issued…

Brazil’s Itaú Unibanco Holding bank and Standard Chartered have successfully concluded the development and testing of Latin America’s first blockchain-based proof of concept for loans, ZDNet reported on December 11, 2018. Latin America Gets Its First Blockchain-Based Loan Platform It…

Insurance giant AIG, the commercial bank Standard Chartered, and IBM have announced the successful completion of the pilot of the first ever multinational smart contract insurance policy backed by blockchain technology. The solution was built by IBM and is based…