The model integrates execution, intermediation and custody under a regulated framework.
Standard Chartered has executed its first live digital asset prime brokerage trades with LMAX Group (LMAX), a London-based cross-asset marketplace for foreign exchange and digital assets, marking a milestone in the development of regulated institutional digital asset infrastructure. The trades were executed on LMAX Digital The pilot involved spot Bitcoin (XBT/USD) and Ether (XET/USD) trades with T+1 settlement through the bank’s United Kingdom branch. The trades were executed on LMAX