Crypto prime broker FalconX has announced a strategic partnership with global banking giant Standard Chartered, signaling a significant step forward in integrating digital assets with traditional financial infrastructure.
This collaboration is FalconX’s first with a major global bank and reflects the growing appetite among institutional investors for secure, regulated access to the crypto market.
What Will The Partnership Include?
Under the partnership, FalconX and Standard Chartered aim to bridge the gap between digital assets and traditional finance by offering institutional clients a more seamless and trusted entry point into crypto investing.
This includes services like crypto trading, custody, and settlement, all tailored to meet the compliance and risk management standards expected by large financial institutions.
The alliance highlights how legacy banks are increasingly recognizing the demand for digital asset exposure and are looking to established crypto-native firms like FalconX to enable that access safely and efficiently.
For FalconX, the partnership not only expands its reach but also enhances its credibility among institutional clients wary of crypto volatility and counterparty risks.
Overall, the move underscores a broader industry trend: the merging of traditional finance (TradFi) and crypto (DeFi), as institutional players seek to tap into blockchain’s potential without abandoning the regulatory safeguards of legacy finance.
FalconX Taps Standard Chartered’s Banking and FX Services for Institutional Support
FalconX plans to utilize Standard Chartered’s robust banking and foreign exchange (FX) services to enhance support for its institutional clients, according to Matt Long, the company’s General Manager for APAC & the Middle East.
Through this partnership, FalconX will gain access to Standard Chartered’s wide range of global currencies and banking infrastructure, enabling more efficient crypto-to-fiat transactions and cross-border settlements.
This collaboration is expected to streamline operational processes for FalconX’s institutional clients, who often require multi-currency support and trusted banking partners for large-scale crypto transactions.
By integrating traditional banking capabilities with digital asset services, FalconX aims to offer a more seamless and secure experience for institutions entering or scaling in the crypto space.
Standard Chartered Expands Further into Digital Assets Amid Rising Institutional Demand
Standard Chartered has been actively expanding its presence in the digital asset space as institutional interest in crypto grows.
The London-based bank launched a digital asset custody service in the United Arab Emirates last year, offering secure storage solutions for institutional clients.
In April, it partnered with crypto exchange OKX to allow institutions to use cryptocurrencies as collateral, further integrating digital assets into traditional financial services.
These moves reflect the bank’s confidence in the long-term growth of the crypto market.
Following Donald Trump’s election as a crypto-friendly U.S. president, global crypto market value surged past $3 trillion, boosting optimism across the sector.
Standard Chartered forecasts that the digital asset market value could hit $10 trillion by 2026, signaling a new era of adoption.
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