Key takeaways
- FalconX, a digital asset platform for institutional investors, has formed a strategic partnership with Standard Chartered Bank.
- The collaboration aims to enhance crypto services for institutional investors by combining FalconX’s digital asset expertise with the bank’s traditional financial infrastructure.
- The alliance aims to enable faster settlements, improved capital efficiency and reduced operational risk.
- The partnership will commence in Singapore and expand to Asia, the Middle East, and the US.
- It is FalconX’s first partnership with a global bank, reflecting the growing institutional interest in regulated crypto access
- The alliance signals a broader trend of traditional finance converging with digital assets, offering regulated and secure entry points for institutions into crypto markets.
FalconX, a leading crypto-focused brokerage services firm, has announced a new partnership with international bank Standard Chartered. The partnership aims to combine FalconX’s advanced trading infrastructure with Standard Chartered’s global banking network and regulatory expertise. Together, they plan to offer secure, compliant, and scalable solutions for institutions seeking exposure to digital assets.
Making Crypto easier for institutions
As part of the agreement, FalconX will leverage Standard Chartered’s robust banking and foreign exchange infrastructure. This includes access to a wide range of fiat currencies, enabling faster settlements and improved capital efficiency for FalconX’s clients, which include sovereign wealth funds, hedge funds, family offices and some of the world’s largest asset managers.
“This is our first time partnering with a global bank,” said Matt Long, General Manager at FalconX for the Asia-Pacific and Middle East regions. “It means faster settlements, better efficiency, and lower risk for our clients.”
Blending traditional Banking with digital assets
Standard Chartered said that the partnership reflects the growing interest from big financial players in digital assets. The bank plans to roll out the service in Singapore first, then expand to the rest of Asia, the Middle East, and the United States.
This move is part of a bigger push by Standard Chartered to get more involved in the digital asset space. The bank has already launched a crypto custody service in the UAE and partnered with crypto exchange OKX to let institutional clients use crypto as loan collateral.
The bank believes digital assets could be worth as much as $10 trillion by 2026.
This partnership shows how traditional finance and the digital asset world are coming together. As more large institutions look for secure, regulated ways to invest in crypto, collaborations like this are expected to become more common.
