Standard Chartered Plans Crypto Prime Brokerage Inside SC Ventures as Institutional Demand Grows

Standard Chartered is planning to establish a crypto prime brokerage within its wholly owned venture arm SC Ventures, according to people familiar with the matter. The initiative is still at an early discussion stage with no confirmed launch date, and would build on the bank's existing digital asset projects and institutional spot crypto trading services. The bank is also working with Bank Malaysia and AirAsia parent Capital A to explore a ringgit-pegged stablecoin under Malaysia's Digital Asset Innovation Hub framework.