Reported 10 months ago
Standard Chartered Plc is establishing a trading desk for Bitcoin and Ether, becoming one of the first global banks to engage in spot cryptocurrency trading. The new crypto desk, situated in London, will operate under the bank's FX trading unit. Standard Chartered is expanding its cryptocurrency involvement, having stakes in Zodia Custody and Zodia Markets and launching a blockchain unit named Libeara. This move signals the bank's commitment to supporting institutional clients in the digital asset ecosystem.
Source: YAHOO