Standard Chartered is planning to offer a crypto asset custody service to institutional investors in Singapore, according to The Block. The planned product would keep client assets segregated and provide legal protections comparable to those available for traditional assets. The bank is also preparing to roll out the service in other major financial centers from mid-2026, with the United Arab Emirates, Luxembourg, and Hong Kong listed among the next locations. The report points to a custody model aimed at institutional clients rather than the retail market, with asset segregation and legal safeguards forming the core of the offering. The expansion timeline and target jurisdictions indicate that the bank is looking beyond Singapore as it builds out the service.
Standard Chartered is getting ready to roll out a crypto asset custody service for institutional investors in Singapore, The Block reported.
The product would hold client assets in segregated accounts and give them legal protections similar to what investors already get with traditional assets.
And from mid-2026, the service is set to expand into other big financial hubs, including the United Arab Emirates, Luxembourg, and Hong Kong.
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