Standard Chartered plans to expand crypto custody services in Singapore for institutions
Standard Chartered's Singapore unit plans to offer custody for selected crypto assets, stablecoins, and tokenized real-world assets to institutional investors, subject to regulatory requirements. This move extends its existing crypto custody footprint in the UAE, Luxembourg, and Hong Kong. Patrick Lee, Standard Chartered's CEO for Singapore, emphasized Singapore's role as a financial innovation hub with growing demand for digital asset solutions.
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