Standard Chartered to Provide Banking Services for Digital Asset Prime Broker Falconx’s Institutional Clients

CN
13 hours ago

Falconx, an institutional digital asset prime broker, announced a strategic partnership with Standard Chartered. In the initial phase of the collaboration, Standard Chartered will provide a comprehensive suite of banking services to Falconx globally, enhancing the platform’s offerings for institutional clients. The partnership will integrate Standard Chartered’s banking infrastructure, allowing Falconx to access a wide range of currency pairs and improve the speed, scale, and reliability of cross-border settlements. Matt Long, General Manager, APAC & Middle East at Falconx, expressed enthusiasm for the partnership, highlighting its potential to strengthen banking and foreign exchange solutions for clients in the digital asset markets. The collaboration is expected to expand beyond banking services to include additional products tailored to the needs of institutional clients, such as asset managers and hedge funds.

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