Standard Chartered and Coinbase are collaborating to develop a digital asset solution for institutional clients globally.

The firms will jointly explore the development of trading, prime services, custody, staking and lending. They will build on an existing partnership in Singapore, where Standard Chartered provides banking connectivity that enables real-time Singapore dollar transfers for Coinbase’s customers.

Margaret Harwood-Jones, global head, Financing & Securities Services, Standard Chartered said: “By combining Standard Chartered’s cross-border trading and custody expertise with Coinbase ’s advanced digital-asset capabilities and global market reach, we aim to explore how the two organisations can support secure, transparent and interoperable solutions that meet the highest standards of security and compliance.”

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