Market News

Digital Asset Innovations: FalconX Aligns with Standard Chartered to Elevate Institutional Services

FalconX, a prominent player in the digital asset space, has formed a strategic partnership with global banking leader Standard Chartered.

This collaboration aims to enhance FalconX's crypto services tailored for institutional clients worldwide.

Standard Chartered will provide a broad range of banking services that will empower FalconX’s existing framework.

The first phase of their partnership focuses on integrating Standard Chartered's banking infrastructure, which will improve cross-border payment efficiencies.

FalconX anticipates that this integration will significantly enhance the speed and reliability of their services to hedge funds and asset managers.

The initial rollout of this partnership is set to begin in Singapore, with plans for expansion into additional Asian markets, the Middle East, and eventually the U.S.

Standard Chartered has a history of engaging with crypto custody and blockchain technology, making this partnership a natural progression.

Founded in 2018, FalconX has made a mark as a leading crypto prime brokerage, processing over $1.5 trillion in trades.

With growing institutional interest in crypto, this partnership represents a pivotal development in merging traditional finance with digital assets.

Together, FalconX and Standard Chartered are poised to create robust solutions that meet the evolving needs of the institutional market.