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Standard Chartered Partners With FalconX To Fuel Institutional Crypto Access As Bitcoin Soars Past $103K - Standard Chartered (OTC:SCBFF)

  • FalconX and Standard Chartered formed a strategic partnership announced Wednesday to enhance institutional crypto trading and settlement services starting in Singapore.
  • The deal responds to rising institutional demand for digital assets and builds on Standard Chartered's expansion in digital asset custody and trading infrastructure.
  • FalconX will access Standard Chartered's wide range of currency pairs to improve cross-border fiat settlements for its over 600 institutional clients including hedge funds and sovereign wealth funds.
  • Bitcoin recently surged past $103,000, trading near all-time highs, while Standard Chartered’s Head of Digital Assets Research called earlier forecasts potentially too conservative.
  • This partnership marks FalconX’s first with a global bank and suggests growing momentum for integrating traditional finance with institutional crypto markets worldwide.
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regionalmedianews.com broke the news in on Tuesday, May 13, 2025.
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