A global banking group, headquartered in London and carries out most of its activities in Asia, Africa and the Middle East. Standard CharteredSpot to corporate customers Bitcoin 
$121,394.05 And Ethereum 
$3,060.16 The first global bank to initiate this service by providing purchase and sale service happened. While the Bank will access the new service through its branches in the UK for the time being for Asia and European transactions, the 24/5 operation option will invest on the table according to the request. The transactions are integrated into the FX interfaces where customers are accustomed to, and the storage of assets will be completed in the warehouse preferred by the customer, including the internal service of the bank. Standard Chartered aims to be at the center of the increasing institutional demand with this move.
Bitcoin and Ethereum service for corporate customers
Standard Chartered, the Spot Bitcoin and Ethereum purchase and sale service with global systemic financial institutions are the status of a Spot crypto currency He underlined that it was the first actor to start the transactions. According to Rene Michau, the service includes asset managers and multinational companies, and for now individual investors are not included in the package.
In the first place, the service, which will be limited to Bitcoin and Ethereum, is planned to be expanded with derivative instruments such as Non-Deliveregation Forward contracts. In this way, portfolios will increase crypto currency investments within the framework of regular risk management.
Michau is on the corporate side spot crypto currency He emphasized that the liquidity shifted to the channels on the bench. The Bank aims to achieve an early advantage in the market by providing access that opponents have not yet offered.
Integrated secure processing channels in the existing infrastructure
Standard Chartered, Spot operations available Fx It has eliminated the need for a new interface learning by involving it in platforms. While the solution reduces the cost of integration, it maintains the market depth in the high -frequency process flow. Transactions, Zodia Custody Although the external or in the bank’s own safe is completed, the customer agreement process does not change. 5 days a week, 24 hours a day, access will be on the agenda. Thus, corporate investors operating in different time periods will be able to reach the liquidity rapidly.
In the future, the bank’s crypto currency hiding arm Libeara Tokenization services will be connected to the system said. It is aimed to combine the storage, processing and securities processing processes in a single ecosystem.
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.
