Standard Chartered is getting ready to launch a prime brokerage for cryptocurrency trading. This move shows how earnestly global banks are now taking digital assets. A prime brokerage is a service designed for large investors, through which it offers support like asset safekeeping, lending, and funding so that they can trade smoothly across different markets.
The new business is expected to operate under SC Ventures, the bank’s venture capital and innovation unit. According to sources familiar with the matter, the talks are in early stages and no official launch date has been announced.
Markedly, Standard Chartered has been actively involved in the world of digital assets. The bank supports Zodia Custody, which keeps cryptocurrencies safe for institutional clients, and Zodia Markets, a platform where professional investors can trade digital currencies.
In July 2025, it became the first major global bank to let institutional clients trade cryptocurrencies directly, known as spot trading, which means buying and selling coins like Bitcoin and Ether for immediate delivery instead of using futures or other contracts.
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