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FalconX and Standard Chartered Team Up to Expand Crypto Reach
By: cryptotale org|2025/05/14 23:30:07
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FalconX will use Standard Chartered banking tools to speed up global crypto settlements.The partnership starts in Singapore and will later grow to other global financial regions.Both companies aim to support the rising demand for reliable digital asset infrastructure.FalconX, a global digital asset prime broker, announced a strategic partnership with banking giant Standard Chartered. The partnership seeks to deliver banking and foreign exchange solutions to institutional clients in the digital asset space. Initially focusing on Singapore, it will later expand across Asia, the Middle East, and the United States.JUST IN: #StandardChartered partners with #FalconX to launch #Bitcoin and #crypto services for institutions. pic.twitter.com/inmtYgNs3E— Roundtable Network (@RTB_io) May 14, 2025Standard Chartered will provide a full suite of banking services to FalconX clients through phased global integration. FalconX will leverage access to multiple currency pairs, which improves cross-border settlement reliability, scale, and speed. The move supports FalconX’s plan to connect digital assets with traditional finance using enterprise-grade infrastructure.The collaboration reflects growing institutional demand for crypto trading, financing, and banking infrastructure. Both companies are expected to broaden their offerings to meet evolving client needs in the digital asset sector.Enhanced Services for Institutional ClientsFalconX supports trading and financing for some of the world’s largest institutions in digital asset markets. This partnership strengthens FalconX’s offering through Standard Chartered’s banking expertise and global reach. The collaboration aims to improve client operations within crypto markets significantly.Matt Long, General Manager, APAC & Middle East at FalconX, stated they were pleased to join forces with Standard Chartered, highlighting the bank’s progressive stance on adopting digital assets. He said,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.Luke Boland, Head of Fintech, ASEAN, South Asia & GCNA at Standard Chartered, stated that the bank’s collaboration with FalconX reinforces its commitment to advancing the digital asset ecosystem. He added,As institutional demand for digital assets continues to grow, we’re proud to provide the banking infrastructure that enables firms like FalconX to deliver world-class trading and financing solutions to institutional clients.Related: Dubai Finance Partners with Crypto.com for Crypto PaymentsStandard Chartered keeps adding more footprint in the digital asset ecosystem. It recently rolled out a digital custody service in the UAE and entered a partnership with OKX for crypto collateral services. The bank has predicted that the total market value of digital assets can reach $10 trillion by the end of 2026.The post FalconX and Standard Chartered Team Up to Expand Crypto Reach appeared first on Cryptotale.
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