FalconX, based in Bengaluru, has signed a partnership with Standard Chartered. This collaboration is significant as it marks FalconX’s debut partnership with a global traditional bank. It raises questions about the increasing institutional appetite for digital assets through conventional finance channels.

🚨 Big News for Crypto! FalconX 🤝 Standard Chartered to power institutional crypto investments! 🔥 A major step toward mass adoption. Stay tuned — the institutions are coming! 💼📈 Source

“Our collaboration with FalconX underscores our commitment to advancing the digital asset ecosystem,” Luke Boland stated, emphasizing the aim to expand services for various financial entities.

The partnership is set to include offerings directed at asset managers, hedge funds, token issuers, and payment platforms. Boland added, “As institutional demand for digital assets continues to grow, we’re proud to provide the banking infrastructure that enables firms like FalconX to deliver world-class trading and financing solutions to institutional clients.”

Matt Long commented, “We are pleased to partner with Standard Chartered, one of the most forward-thinking global banks in digital asset adoption. At FalconX, we support trading and financing for some of the world’s largest institutions in digital asset markets, and this relationship strengthens our ability to deliver robust banking and FX solutions to clients who rely on us to operate in crypto markets.”

Partnerships Established By Standard Chartered

The bank has recently instituted a spot trading desk for Bitcoin (BTC) and Ethereum (ETH). Their collaborations also include partnerships with Crypto.com and Zodia Custody to enhance transactions and crypto custody services.

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