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Coinbase and Standard Chartered Team Up on Global Digital Asset Services

Key Takeaways

  • Standard Chartered and Coinbase are expanding their partnership to develop new digital asset services for institutional investors;
  • The collaboration focuses on trading, custody, staking, and lending to help institutions manage digital assets securely;
  • Both firms aim to combine banking and crypto expertise to offer trusted, compliant solutions for the digital-asset market.

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Coinbase and Standard Chartered Team Up on Global Digital Asset Services

Standard Chartered and Coinbase $2.2B have agreed to expand their partnership to develop services for businesses and institutional investors using digital assets.

The plan includes exploring trading support, asset custody, staking, lending, and other tools to help institutions manage digital assets safely and efficiently.

Standard Chartered brings its experience as an international bank with deep knowledge of cross-border finance and risk management. Coinbase contributes its established infrastructure for institutional digital-asset trading and management.

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This new phase expands on their earlier cooperation in Singapore, where Standard Chartered provides real-time Singapore dollar transfers for Coinbase customers.

Brett Tejpaul, Co-CEO of Coinbase Institutional, noted that the partnership marks an important step toward improving digital-asset services for institutional clients.

He explained that by combining Standard Chartered’s banking experience with Coinbase’s knowledge of digital assets, both organizations are building a safe and practical system for institutions to use and manage these assets confidently.

Additionally, Margaret Harwood-Jones, Global Head of Financing and Securities Services at Standard Chartered, explained that the bank’s goal is to help clients navigate the growth of digital asset markets safely.

She said that working more closely with Coinbase would strengthen the bank’s ability to deliver secure, compliant services to institutional investors.

Capital A, the parent company of AirAsia, and Standard Chartered Bank Malaysia recently announced a joint initiative to explore and pilot a ringgit-backed stablecoin. How do the companies plan to achieve this goal? Read the full story.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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