Multinational banking giant Standard Chartered has officially launched spot trading for Bitcoin and Ether through its UK division, the company announced on Tuesday.
The new service allows institutional and corporate clients to trade major cryptocurrencies directly through the bank's existing platforms. Initially available during Asian and European trading hours, 24/5 access could be added depending on demand.
Access more than 50 of the world's financial markets directly from your EXANTE account – including NASDAQ, London Stock Exchange and Tokyo Stock Exchange
Chief executive Bill Winters said digital assets are "a foundational element of the evolution in financial services," highlighting their role in driving innovation and growth in the sector.
Customers can also choose from multiple custody options, including Standard Chartered's in-house solutions and Zodia Custody.