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Standard Chartered has become the first major international bank to offer direct spot trading for Bitcoin and Ethereum, targeting institutional clients. The move signals a significant step in bridging traditional finance with regulated crypto services. The bank also plans to expand its digital asset offerings with non-deliverable forwards (NDFs).
- Standard Chartered is the first major international bank to offer direct BTC and ETH spot trading for institutional clients.
- Trades are 'deliverable,' meaning clients receive actual crypto assets, with optional in-house or third-party custody.
- The bank plans to expand with crypto NDFs and has a broader digital asset strategy, including EU-regulated custody and stablecoin partnerships.
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