The lender compatible with cryptocurrencies, Standard Charterd, claims the right to boast of being the first World Bank to offer a trading in cash in Bitcoin
and ether (Eth) to institutional customers.
The offer, deployed in British British branches, is initially available via our British entity, during negotiation hours in Asia and Europe, with 24/5 access to the development of customer demand, said René Michau, a global digital asset manager.
“Standard Charterd is the world’s leading World Bank of systemic importance to provide trading of cryptocurrency.” Michau said in an email. “We define institutional customers as financial institutions such as asset managers and investors, and large multinational companies that are customers of our corporate and investment banks division.”
Standard Charterd has been involved in cryptographic and digital assets for some time. The bank now offers custody of digital assets and exchanges via its business and investment bank, and through companies, Stanchart has invested, as Zodia Custoda and Zodia Markets. He also offers digital asset tokenization services, through his Libeara portfolio company.
The new service is integrated into the existing trading platforms of Standard Charterd, allowing companies, asset managers and institutional investors to access cryptographic markets via familiar FX interfaces. Customers can pay the professions to a goalkeeper of their choice, including the internal daycare service of Standard Charterd.
The objective for the moment will remain on BTC and ETH spot trading with plans to extend the suite of services for these cryptographic assets, including the introduction of non -deliverable attackers (NDFS) Trading, said Michau.
