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Standard Chartered Sets Sights on Institutional Crypto Services with New Prime Brokerage

Standard Chartered's SC Ventures is gearing up to launch a crypto prime brokerage aimed at institutional clients.

This venture will offer comprehensive services, including custody, financing, trading, and clearing for major digital assets like Bitcoin and Ether.

By providing these services, the bank seeks to sidestep the heavy Basel III capital requirements of 1250 percent.

This initiative follows Standard Chartered's foray into the crypto space with its entry into spot Bitcoin and Ether trading earlier in July 2025.

Additionally, the bank's recent expansion of Zodia Custody and partnerships with Coinbase have bolstered its position in the cryptocurrency market.

The move is further catalyzed by a $140 billion surge in spot ETF investments and the impending UK crypto regulations set for 2026.

While discussions around the prime brokerage are ongoing, no official launch date has been announced.

This development highlights a growing interest from Wall Street in the institutional adoption of cryptocurrencies.

As major financial institutions embrace digital assets, the landscape of crypto services continues to evolve rapidly.

Standard Chartered's planned offerings reflect a significant step forward in catering to institutional demands in the crypto space.