Standard Chartered goes from spectator to player in digital asset game
The bank’s digital assets custody offering is underpinned by an open API and modular infrastructure, allowing it to potentially add a secondary back-end system provider.
In recent memory, institutional banks and asset managers sat in the stands, watching as family offices and retail investors placed their bets on crypto assets. It wasn’t so much safety or fear that constrained them as spectators, but the lack of tools and a regulatory framework that would have let them play the game.
Some of those missing parts included the custody of crypto and digital assets. But tailor-made digital assets custodians now exist, like Fireblocks and Zodia Custody, which was co
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