Standard Chartered is set to broaden its institutional custody offerings by introducing services for cryptocurrencies, stablecoins, and tokenized assets in Singapore. This move targets institutional and eligible corporate clients seeking secure asset management solutions in the region.
According to CoinDesk, the expansion reflects the bank’s commitment to supporting the growing demand for digital asset custody in key financial hubs. CoinTelegraph further notes that the services will encompass a wide range of digital assets, reinforcing Standard Chartered’s position in the evolving crypto custody market.
This development is particularly relevant for Japanese investors and institutions, as Singapore continues to strengthen its role as a pivotal gateway for digital asset innovation in Asia, influencing market dynamics across the region.