Standard Chartered’s Singapore branch is planning to offer custody services for selected crypto assets, stablecoins, and tokenized real-world assets to institutional investors, according to The Block. The bank said the planned offering would broaden its existing digital asset custody footprint. That business already covers the United Arab Emirates, Luxembourg, and Hong Kong. The update points to a further expansion of the bank’s institutional-facing crypto custody operations through its Singapore unit, with the service aimed at a defined set of digital and tokenized assets rather than a blanket offering across the market.
Standard Chartered’s Singapore branch plans to provide custody services for selected crypto assets, stablecoins, and tokenized real-world assets to institutional investors, according to The Block.
The bank said the service would expand its existing crypto asset custody footprint, which already covers the United Arab Emirates, Luxembourg, and Hong Kong.
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