A significant strategic partnership was established between Falconx, which provides crypto asset intermediary services, and the British Multinational Bank Standard Chartered. According to the statement, it is aimed to develop services for corporate customers and to provide new solutions in the crypto asset market.
Standard Chartered Crypto Services
In the first stage of the partnership, Standard Chartered will provide various banking and foreign exchange services to Falconx. Together with these services, Falconx’s capacity to increase the capacity of transactions more efficiently in particular. According to the statement made by companies, it is planned to expand the scope of the cooperation in the future and to evaluate new opportunities.
With the integration of Standard Chartered’s solid banking infrastructure into the Falconx platform, Falconx will have the opportunity to trade with more currencies and the speed and reliability of cross -borders for customers will increase.
Matt Long, (Falconx’s APAC and Middle East General Manager) “We are pleased to cooperate with Standard Chartered. This cooperation will contribute to providing better banking and foreign exchange solutions to large institutions operating in the field of crypto assets.”
“Our cooperation with Falconx, the President of the FinTech (fintech President Luke Boland) shows our commitment to advance the crypto asset ecosystem.
Geoffrey Kendrick, President of Standard Chartered’s Digital Asset Research, is the previous Bitcoin $103,910.46 He made a statement due to the low price target. Recently, Bitcoin -oriented stock market investment funds in the United States has an introduction of 5.3 billion dollars and the interest of corporate investors has increased. Kendrick predicted that Bitcoin could reach $ 200,000 by the end of the year.
Sectoral effects and future expectations
This cooperation reshapes the importance of large financial institutions operating in the field of crypto assets and the competition conditions in the market. Combining the banking infrastructure and crypto markets, cooperations contribute to the more secure and more accessible and accessible crypto asset ecosystem.
Experts think that such partnerships can increase institutional interest in the crypto market. In particular, the increase in speed and security in international payments can allow financial actors to take a more active role in the sector.
This cooperation between the global banking sector and companies with digital assets may open a door to innovations that will change the dynamics of inter -borders financial transactions. This step between Falconx and Standard Chartered is seen as a turning point in the development of digital finance. Increasing speed, accessibility and infrastructure quality in corporate applications can support the integration of companies in various sectors into the crypto market.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
