Standard Chartered and Coinbase deepen their partnership to develop crypto infrastructure for institutional clients. The collaboration will focus on trading, prime services, custody, staking, and lending. The goal is to provide secure and compliant solutions for institutions to manage digital assets effectively. The partnership combines Standard Chartered’s banking expertise with Coinbase’s institutional platform.
Standard Chartered expands partnership with Coinbase in Singapore, offering real-time Singapore dollar transfers for Coinbase customers. Last year, Crypto.com partnered with Standard Chartered to provide global retail banking services in over 90 countries. Coinbase is gearing up to launch new products, potentially including prediction markets and tokenized stocks.
The US Office of the Comptroller of the Currency conditionally approves national trust bank charter applications for five companies in the digital asset sector. BitGo, Fidelity Digital Assets, Paxos, Circle, and Ripple are among the companies planning to convert existing state-chartered trust companies into national trust banks.
Read more at Coin Telegraph: Standard Chartered, Coinbase Expand Institutional Crypto Deal
