Standard Chartered launches Bitcoin and Ether trading for institutions

Multinational slope Standard Chartered has launched a caller trading work allowing institutions and corporations to commercialized large cryptocurrencies.

Standard Chartered is rolling retired spot trading for Bitcoin (BTC) and Ether (ETH) done its UK branch, the institution said successful a connection shared with Cointelegraph connected Tuesday.

Following the spot trading launch, the slope plans to grow the offering soon with crypto non-deliverable forwards (NDFs), oregon two-party derivatives contracts.

“Digital assets are a foundational constituent of the improvement successful fiscal services. They’re integral to enabling caller pathways for innovation, greater inclusion and maturation crossed the industry,” Standard Chartered radical main enforcement Bill Winters said.

Standard Chartered clients tin take wherever to store crypto

Standard Chartered’s caller crypto offering is afloat integrated with the bank’s existing platforms, enabling organization clients to entree and commercialized crypto assets done acquainted overseas speech interfaces, the announcement said.

The work besides allows investors to select their preferred custodian, oregon take from aggregate providers for storing their crypto assets, including Standard Chartered’s proprietary custody solutions.

As antecedently mentioned, Standard Chartered has been actively rolling retired its crypto custody services, launching a regulated custody offering for Bitcoin and Ether successful the United Arab Emirates past September.

This is simply a processing story, and further accusation volition beryllium added arsenic it becomes available.

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