Standard Chartered to Offer Digital Asset Custody in Singapore
By Mathew Di Salvo
AI summary of the source article
Standard Chartered has announced plans to provide crypto custody services to institutional and corporate clients in Singapore. The service will support selected cryptoassets, stablecoins, and tokenized real-world assets, responding to client demand for regulated, bank-grade custody. Standard Chartered already offers custody in Luxembourg, Hong Kong, and the United Arab Emirates, where it also recently debuted institutional bitcoin trading. The bank previously established a cryptocurrency trading desk in London in 2025 and launched its Libeara blockchain unit to assist institutions with tokenizing traditional assets.
Why it matters
Institutional demand for secure, regulated digital asset safekeeping is driving major global banks to expand their crypto custody and tokenization infrastructure into key financial hubs like Singapore.
Key facts
- Standard Chartered will offer custody for selected cryptoassets, stablecoins, and tokenized real-world assets to institutional clients in Singapore.
- The bank already provides digital asset custody in the United Arab Emirates, Luxembourg, and Hong Kong.
- In 2025, Standard Chartered launched a London crypto trading desk and established the blockchain unit Libeara to tokenize traditional assets.