Standard Chartered to Launch Institutional Crypto Custody in Singapore

Key Facts

1Standard Chartered plans to offer custody for cryptocurrencies, stablecoins, and tokenized assets to institutional clients in Singapore.

2The move expands the bank's existing crypto custody footprint in the UAE, Luxembourg, and Hong Kong.

Standard Chartered plans to offer custody for cryptocurrencies, stablecoins, and tokenized assets to institutional clients in Singapore. Reuters reported that the move expands the bank's existing digital asset custody footprint, which currently includes the UAE, Luxembourg, and Hong Kong.

The expansion aims to strengthen the bank's global digital asset infrastructure and meet institutional demand in major financial hubs. Regarding market performance, SCBFY closed at $57.31 on October 7, 2026, with the stock reaching a session high of $57.46 and a low of $56.62.