Standard Chartered plans institutional crypto custody service in Singapore

Standard Chartered has announced plans to introduce digital asset custody services in Singapore for institutional and accredited investor corporate clients, covering selected cryptocurrencies, stablecoins and tokenized real-world assets. According to the bank’s announcement, the proposed offering will operate alongside its existing Financing & Securities Services business, allowing clients to manage traditional and tokenized assets through its banking infrastructure. The service remains subject to applicable regulatory requirements. Standard Chartered has not provided a launch date or identified the specific digital assets it intends to support. The bank currently operates digital asset custody services in the UAE, Luxembourg and Hong Kong, with…