Blockchain for Banking News

Standard Chartered inks another crypto banking partnership with FalconX

standard chartered

Standard Chartered and crypto prime broker FalconX have announced a strategic partnership that further strengthens the bank’s position in the cryptocurrency and digital assets sector. In the initial phase, Standard Chartered will provide comprehensive banking services to FalconX globally, enhancing the platform’s institutional offerings through improved cross-border settlement capabilities.

“At FalconX, we support trading and financing for some of the world’s largest institutions in digital asset markets, and this relationship strengthens our ability to deliver robust banking and FX solutions to clients who rely on us to operate in crypto markets,” said Matt Long, General Manager, APAC & Middle East at FalconX.

FalconX has established itself as a leading digital asset prime broker serving institutional clients worldwide. Backed by prominent investors including Accel, American Express Ventures, Tiger Global Management, and Wellington Management, FalconX was also the first CFTC-registered swap dealer focused on cryptocurrency derivatives.

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