Standard Chartered launches crypto custody in Luxembourg and DIFC with LMAX mandate
AI summary
Standard Chartered said it now offers digital-asset custody through its Luxembourg entity and its Dubai branch in the DIFC, with LMAX as a client mandate spanning both. A separate collateral link would let clients trade against tokens held in the bank's custody. The move expands institutional-grade custody and collateral infrastructure, a step toward letting large clients use crypto holdings in trading without moving them off-bank.
Narrative history
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1H AGOYou’re reading thisStandard Chartered launches crypto custody in Luxembourg and DIFC with LMAX mandateThe Defiant · Score 55
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14 OCT · 13:00The Block · Score 45 · via Ripple RLUSD, RLUSD
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12 OCT · 21:16Decrypt · Score 35 · via Dubai, Standard Chartered
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12 OCT · 19:30CryptoSlate · Score 28 · via RLUSD custody, Chartered adds
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12 OCT · 12:09CoinDesk · Score 33 · via LMAX, collateral link
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12 OCT · 09:35The Block · Score 39 · via Chartered adds, LMAX
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12 OCT · 09:30Cointelegraph · Score 30 · via Chartered adds, Standard Chartered
