The bank is considering adding 24/7 access if demand for the service grows

Standard Chartered is the first global bank to launch spot trading of BTC and ETH

15.07.2025 - 11:15

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3 min

What’s new? Transnational financial corporation Standard Chartered has launched spot trading of bitcoin and Ethereum for institutional clients through its UK banking arm. Initially available 24/5 during trading hours in Asia and Europe, 24/7 access will be considered as client demand develops.

Material by Reuters

What else is known?

“Standard Chartered is the first global systemically important bank to be offering cryptoasset trading. We define institutional clients as financial institutions such as asset managers and investors, and large multinational companies who are clients of our corporate and investment banking division,” said Rene Michau, global head of digital assets.
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The new service is integrated into Standard Chartered’s existing trading platforms, allowing corporates, asset managers and institutional investors to access the cryptocurrency markets through familiar FX market interfaces.

Clients can settle trades with the custodian of their choice, including Standard Chartered’s internal custody service.

The current focus will be on spot trading of BTC and ETH, and there are also plans to expand the suite of services for these crypto assets, including the introduction of NDF contract trading.

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For Standard Chartered, this is not the first cryptocurrency initiative in recent years: the company has offered custody and trading of digital assets through its corporate and investment bank since 2023, as well as through the firms it has invested in Zodia Custody and Zodia Markets.

The company also offers asset tokenization services through its portfolio company Libeara, launched in late 2023 in Singapore.

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