Standard Chartered Singapore plans institutional custody for crypto and tokenized assets

  • Standard Chartered Bank (Singapore) Limited plans digital-asset custody for eligible institutional and corporate clients.
  • The bank targets a Singapore launch by the end of 2026.
  • Standard Chartered excludes retail holders and has not named supported assets.

Standard Chartered Bank (Singapore) Limited plans to introduce digital-asset custody in Singapore by the end of 2026 for institutional clients and corporate customers that qualify as accredited investors. The proposed service would safeguard selected cryptoassets, stablecoins and tokenized real-world assets through the bank's Financing and Securities Services division, bringing digital holdings alongside conventional securities within an integrated banking relationship. Retail cryptocurrency holders are not included, and the bank has not identified supported assets, pricing, technical arrangements or a firm launch date. Singapore would extend Standard Chartered's existing custody footprint in the UAE, Luxembourg and Hong Kong. The plan follows a nonbinding proposal to acquire Zodia Custody's regulated operations, subject to approvals and closing conditions, and builds on the bank's institutional Bitcoin and Ether spot-trading offering through its U.K. branch.

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