Standard Chartered is a multi-national bank that has just launched a new service allowing corporations and institutions to trade major cryptocurrencies.
Standard Chartered has launched spot Bitcoin trading.BTCEtherETHThe company shared a press release with Cointelegraph, dated Tuesday.
The bank will soon expand its offering with the addition of crypto-non-deliverable futures (NDFs), two-party derivatives contracts.
“Digital assets are a foundational element of the evolution in financial services. They’re integral to enabling new pathways for innovation, greater inclusion and growth across the industry,” Bill Winters is the Standard Chartered chief executive officer.
Standard Chartered Clients can select where they want to store cryptocurrency
Standard Chartered’s new cryptocurrency offering is fully-integrated with its existing platforms. This allows institutional clients to trade and access crypto assets using familiar interfaces for foreign exchange, according to the announcement.
This service allows for investors to also invest in the fund. select their preferred custodianStandard Chartered’s custody solutions are one of the many providers that can store crypto assets.
Standard Chartered is actively promoting its cryptocurrency custody services. launching a regulated custody offering In September last year, the United Arab Emirates had Bitcoin and Ether.
The story is developing and we’ll add more information as soon as we have it.
Magazine: Inside a 30,000 phone bot farm stealing crypto airdrops from real users
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”
Source: cointelegraph.com
