Standard Chartered’s Singapore branch plans to offer custody services for selected crypto assets, stablecoins and tokenized real-world assets, or RWAs, to institutional investors, according to a BlockBeats newsflash published on Oct. 8. The bank said the planned offering would extend its existing digital-asset custody footprint rather than mark a standalone new line outside that business. Standard Chartered already provides related crypto-asset custody services in the United Arab Emirates, Luxembourg and Hong Kong. The update points specifically to an institutional client focus in Singapore and covers three asset buckets named in the report: certain crypto assets, stablecoins and tokenized RWAs. No launch date, asset list or additional operational details were disclosed in the source item.
Standard Chartered’s Singapore branch plans to offer custody services for selected crypto assets, stablecoins and tokenized real-world assets, or RWAs, to institutional investors, according to BlockBeats on Oct. 8.
The bank said the service would expand its existing digital-asset custody business. Standard Chartered already offers related crypto-asset custody services in the United Arab Emirates, Luxembourg and Hong Kong.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
