Standard Chartered’s banking infrastructure and access to a wide array of currency pairs will be integrated by crypto prime broker FalconX for the benefit of its institutional clientele.
A new partnership has been established by global bank Standard Chartered with crypto prime broker FalconX, strengthening its banking support for the cryptocurrency sector.
A full range of banking services will be offered by Standard Chartered to the global institutional clients of FalconX, as part of the strategic partnership that was announced on May 14.
As part of the partnership, Standard Chartered’s banking infrastructure and access to a broad selection of currency pairs will initially be integrated by FalconX for its institutional client base.
A wider array of services and shared opportunities is ultimately intended to be included through the partnership, as stated in the announcement.
Expanding Crypto Support Beyond Traditional Banking
The partnership is anticipated to be extended “beyond banking” into a broader set of products and services aimed at addressing the growing crypto-related needs of institutional clients from both FalconX and Standard Chartered.
A wide spectrum of clients—including asset managers, hedge funds, token issuers, and payment platforms—will be targeted through the joint services, according to statements made by the companies.
Standard Chartered was described by Matt Long, FalconX’s general manager for APAC and the Middle East, as “one of the most progressive global banks in embracing digital asset adoption.”
It was stated that trading and financing for some of the largest global institutions in digital asset markets are supported by FalconX, and that this partnership enhances the company’s capacity to provide reliable banking and foreign exchange solutions to clients who depend on its services to engage in crypto markets.
Standard Chartered Expresses Pride in Powering Banking Solutions for Crypto Firms
The collaboration with FalconX has been highlighted by Luke Boland, Standard Chartered’s South Asia head of fintech, as a reflection of the bank’s commitment to advancing the digital asset ecosystem.
In the announcement, it was stated by Boland that as institutional interest in digital assets continues to rise, pride is taken in offering the banking infrastructure that allows firms such as FalconX to provide top-tier trading and financing solutions to institutional clients.
Another step has been taken by Standard Chartered in its ongoing efforts to offer banking services to the cryptocurrency sector, as reflected in its most recent crypto initiative.
In April, a collaboration was formed by Standard Chartered with major crypto exchange OKX to pilot the use of cryptocurrency and tokenized fund collateral for institutional investors.
The bank’s engagement with the cryptocurrency sector was initiated in 2016, when a strategic investment was made by Standard Chartered in Ripple, the firm responsible for the XRP cryptocurrency.
The increasing dedication of banks to the crypto sector is being seen in alignment with projections made by executives from firms such as Messari and Sygnum Bank, who forecasted a global shift by financial institutions toward Bitcoin in the latter half of 2025, driven by supportive regulatory progress.
