The planned service aims to provide custody for selected cryptoassets, stablecoins and tokenised real-world assets within a regulated framework.
Standard Chartered Bank (Singapore) Ltd (Standard Chartered) has outlined plans to provide custody services for selected cryptoassets, stablecoins and tokenised real-world assets to institutions and accredited investor corporate clients, subject to applicable regulatory requirements. The custody service will complement the bank’s broader financial and securities services business The initiative responds to growing institutional demand for secure, regulated and bank-grade digital asset