Standard Chartered has launched spot trading services for bitcoin and ether through its U.K. branch, specifically targeting institutional clients in response to rising demand for digital assets.
In a statement on Tuesday, the bank highlighted that it is the first globally systemically important bank to provide regulated, secure, and scalable access to deliverable spot trading in these cryptocurrencies.
Institutional participants—such as corporations, asset managers, and professional investors—can now trade crypto using standard foreign exchange platforms they are already familiar with.
The bank also announced plans to introduce non-deliverable forwards for crypto trading in the near future.
CEO Bill Winters noted: “As client demand continues to grow, we’re committed to offering safe, efficient, and compliant ways to trade, manage, and gain exposure to digital assets.”
This move marks a further step in Standard Chartered’s broader push into crypto markets, reflecting the financial industry’s growing embrace of institutional-level digital asset services.
