Standard Chartered Partners with FalconX for Crypto Expansion – Coincu

By: bitcoin ethereum news|2025/05/15 01:30:10
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Standard Chartered partners with FalconX to enhance institutional crypto services. FalconX will use Standard Chartered’s infrastructure to expand operations. The partnership marks FalconX’s first collaboration with a traditional bank. Standard Chartered Bank has partnered with digital asset broker FalconX, as reported by CoinDesk on May 14. FalconX will use Standard Chartered’s banking infrastructure for operations in Singapore, expanding to other regions. The partnership signifies a major move in Standard Chartered’s crypto ventures, aiming to boost its digital asset services across Asia and beyond. Standard Chartered and FalconX Launch Strategic Collaboration Standard Chartered Bank recently announced a collaboration with FalconX, aiming to enhance institutional cryptocurrency services. FalconX, for the first time, partners with a global traditional bank to leverage its infrastructure and foreign exchange capabilities, with Singapore as the initial operating hub. This strategic collaboration aims to expand into the Middle East and the United States, improving cross-border financial solutions. This development intends to refine FalconX’s ability to offer robust trading and foreign exchange solutions in crypto markets. By incorporating Standard Chartered’s broad suite of global services, liquidity and settlement efficiencies are expected to improve substantially for crypto institutional clients. Matt Long, General Manager, Asia Pacific & Middle East, FalconX, “We are pleased to partner with Standard Chartered, one of the most forward-thinking global banks in digital asset adoption. At FalconX, we support trading and financing for some of the world’s largest institutions in digital asset markets, and this relationship strengthens our ability to deliver robust banking and FX solutions to clients who rely on us to operate in crypto markets.” Institutional Partnerships Drive Increased Crypto Adoption Did you know? Institutional collaborations like Standard Chartered and FalconX’s have historically increased asset trading volumes and improved liquidity in BTC and ETH markets. Bitcoin (BTC) stands at $103,266.10 with a market cap of formatNumber(2,051,343,873,408, 2) and a 61.41% dominance. Recent figures from CoinMarketCap show its 24-hour trading volume fell by 6.86% to formatNumber(50,644,812,897, 2). Over 90 days, Bitcoin’s price rose 7.35%. Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 15:51 UTC on May 14, 2025. Source: CoinMarketCap According to the Coincu research team, institutional partnerships such as this facilitate enhanced fiscal and technological integration between traditional banking systems and digital assets. The move is expected to incentivize further adoption amongst institutional players, placing banks at a pivotal role in the crypto finance ecosystem. Source: https://coincu.com/337631-standard-chartered-falconx-crypto-partnership-2/

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