Tagged: standard chartered

Standard Chartered’s SC Ventures Eyes $250M Fund for Digital Assets

Standard Chartered‘s innovation arm, SC Ventures, is gearing up to launch a substantial $250 million investment vehicle dedicated to digital assets within financial services. According to reports from Bloomberg, the initiative aims to attract commitments from investors, particularly those in the Middle East, with the… Read More

Ant International, Standard Chartered, Look to Swift for Bank-to-Wallet Payment Solution

Supported by Swift’s infrastructure, Ant International, a global Fintech provider, and Standard Chartered Bank have launched live production trials for a bank-to-wallet payment solution using the ISO 20022 financial messaging standards. Through Alipay+, the global wallet gateway service under Ant International, the first transactions were completed… Read More

Tokenization Platform Libeara Obtains In-Principle Approval from MAS for Capital Markets Services License

Libeara, a tokenization platform incubated by SC Ventures by Standard Chartered is pleased to announced that it has received an in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) for its Capital Markets Services (CMS) license. This in-principle approval represents “a significant regulatory milestone… Read More

Standard Chartered Introduces Bitcoin and Ethereum Trading for Institutional Clients

In line with its commitment to offer clients safe, trusted and efficient digital assets solutions and following the successful launch of its digital assets custody service, Standard Chartered has launched “a fully integrated digital assets trading service for institutional clients.” The offering includes spot trading… Read More

Digital Assets Prime Brokerage FalconX Teams Up with Standard Chartered

FalconX, the institutional digital asset prime broker, announces a strategic partnership with Standard Chartered, an international cross-border banking group. In the first phase of the partnership, Standard Chartered will provide a suite of banking services to FalconX globally, “strengthening the platform’s offerings for institutional clients.”… Read More

Standard Chartered, OKX Partner on Supporting Institutional Participation in Crypto

Institutional participation in crypto markets is key to their success and ability to scale. While many established institutions are already participating in this sector of finance, the growth will take some time. This week, global bank Standard Chartered and crypto exchange OKX revealed a partnership… Read More

Standard Chartered Encourages Industry to Adopt ISO 20022 for Frictionless Cross-Border Transactions

Standard Chartered (LON: STAN) announced the launch of its whitepaper titled ‘Frictionless reconciliation and allocation of cash: Can the adoption of ISO 20022 XML turn this dream into reality?’(Opens in a new window). Developed in partnership with Zanders, the whitepaper offers perspectives and seeks to… Read More

Ethereum Faces Significant Challenges, ETH Price Forecast Revised to $4,000 for 2025 By Standard Chartered

Ethereum (ETH), the second-largest cryptocurrency by market cap behind Bitcoin (BTC) and the largest smart contract platform, is grappling with significant challenges as it struggles to match the performance of newer blockchain networks like Solana (SOL), Sui, and others. Despite completing key upgrades, including its… Read More

Standard Chartered, Animoca Brands, HKT Form JV to Issue HKD backed Stablecoin

Standard Chartered Bank (LON: STAN), Animoca Brands, and HKT have entered into agreements to establish a joint venture with the intention to apply for a license from the Hong Kong Monetary Authority (HKMA) in the new regulatory regime in order to issue “a Hong Kong… Read More

SC Ventures Introduces Invoicing and Billing Fintech for SMEs in APAC Region

SC Ventures, the fintech investment and incubation division of Standard Chartered, has reportedly launched Labamu, which is described as an invoicing and billing platform for SMEs that are based in the APAC region. Starting in Indonesia, Labamu will reportedly provide SMEs with digital billing, catalogue,… Read More

UK, China May Achieve Solid Economic Growth in 2025 But US Protectionist Measures Could Impact Progress – Analysis

Standard Chartered (LON: STAN) expects global economic growth, led by nations such as the UK, China, and the US, to be broadly flat in 2025, slowing slightly to 3.1% from 3.2% in 2024. This, following the recent US elections. Standard Chartered noted in its detailed… Read More

Paxos Partners with Standard Chartered to Enhance Stablecoin Reserve Management

Paxos, the regulated blockchain and tokenization infrastructure platform, has partnered with Standard Chartered to enhance Global Dollar (USDG) and Lift Dollar (USDL) reserve management. Through this collaboration, Standard Chartered will provide cash management, trading, and custody services, strengthening the infrastructure supporting the “trusted” digital assets… Read More

UK’s Digital Assets Derivatives Platform GFO-X Announces ABN AMRO Clearing, Other Partners Ahead of Launch

GFO-X announces ABN AMRO Clearing, IMC, Standard Chartered Bank and Virtu Financial as partners ahead of launch in Q1 2025. GFO-X is the UK’s regulated and centrally cleared trading venue dedicated to digital asset derivatives. GFO-X has been working with these partners to deliver the… Read More

Standard Chartered Introduces Digital Assets Custody Service in the UAE

Standard Chartered (LON: STAN) has announced its digital asset custody service in the UAE. The offering has been granted a licence by the Dubai Financial Services Authority (DFSA) within the Dubai International Financial Centre (DIFC), a global financial hub, “following the memorandum of understanding (MoU)… Read More

Kelvin Tan, CEO of audax, Comments on Fintech Industry Trends and Impact of AI and Machine Learning

  We recently connected with Kelvin Tan, CEO of audax, a corporate venture backed by Standard Chartered Bank. Before transitioning to a full-time career as an entrepreneur, Kelvin held multiple roles at Standard Chartered Bank — from Transaction Banking to Retail Products and Payments to… Read More

Trade Finance Expected to Play Key Role in $30.1 Trillion Tokenized Real-World Assets Sector in Next Decade – Report

Real-World Asset Tokenization: A Game Changer for Global Trade, a new paper released by Standard Chartered and Synpulse, predicts that demand for overall tokenized assets could reach USD 30.1 trillion by 2034, and that trade finance assets “could become one of the top three tokenized… Read More

Standard Chartered Enables API Adoption with Open Banking Marketplace

Standard Chartered (LON: STAN) announced the launch of its new Open Banking Marketplace, which is described as being a one-stop platform that enables both existing and prospective clients to discover, identify, and test application programming interfaces (APIs) that best meets their business objectives in a… Read More

Checkout.com Partners with Standard Chartered as Cash Management Bank to Bring Improved Performance to MENA Region

Checkout.com, the global payments service provider, announced today a strategic partnership with Standard Chartered as their cash management bank “to bring improved operational and performance to Checkout.com’s merchants in the region.” The partnership leverages technology to “integrate payment systems and deliver an infrastructure that will… Read More

SC Ventures, SBI Holdings to Support Digital Asset Initiative in UAE

SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, is partnering with SBI Holdings, a Japanese financial conglomerate, to establish a Digital Asset Joint Venture investment company in the United Arab Emirates (UAE). The parties say that they intend “to capitalize the vehicle with… Read More

Digital Assets: Zodia Markets Receives Registration as a VASP in Ireland

Zodia Markets, the Standard Chartered backed digital asset exchange and brokerage platform, announces that it has “received its registration as a Virtual Asset Service Provider (VASP) by the Central Bank of Ireland (CBI).” This follows on from the firm “receiving cryptoasset registration from the UK’s… Read More

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