Standard Chartered plans crypto and tokenized asset custody in Singapore
Standard Chartered is preparing to offer custody services for cryptocurrencies, stablecoins, and tokenized real-world assets to institutional and accredited corporate clients in Singapore.
Standard Chartered is preparing to launch digital asset custody services in Singapore, covering selected cryptocurrencies, stablecoins, and tokenized real-world assets. The planned offering is restricted to institutional clients and accredited corporate investors, explicitly excluding retail participants.[1][3][5][6][7]
The service will integrate digital asset custody directly with financing and securities services the bank already provides. According to Patrick Lee, Standard Chartered's CEO of Singapore and ASEAN & South Asia, secure infrastructure is critical as tokenized assets continue to expand. The bank stated that the Singapore rollout will extend its existing crypto custody footprint across the UAE, Luxembourg, and Hong Kong.[2][3][5]
The offering remains subject to regulatory requirements. As reported by CoinGape, a target launch date and formal regulatory clearance from the Monetary Authority of Singapore have not yet been disclosed.[1][4][6]
Key facts
- Standard Chartered is preparing custody services in Singapore for selected cryptocurrencies, stablecoins, and tokenized real-world assets.
- The custody offering is aimed at institutional clients and accredited corporate investors, with retail investors excluded.
- The service will connect digital asset custody with Standard Chartered's existing financing and securities offerings.
- The planned expansion builds upon Standard Chartered's existing crypto custody operations in the UAE, Luxembourg, and Hong Kong.
- The rollout remains subject to regulatory requirements, and an official launch date and MAS clearance have not been disclosed.
- Standard Chartered CEO of Singapore and ASEAN & South Asia Patrick Lee noted that secure infrastructure will be critical as tokenized assets grow.
Sources · 7 sources
- CO
CoinGape@CoinGapeMediaPost on X ·
👀 WHY SINGAPORE? @StanChart is bringing institutional digital asset custody to the market, covering #cryptoassets, #stablecoins, and #tokenized real-world assets. But there’s a catch: retail investors are out. The service is aimed at institutions and accredited-investor corporates, while the go-live date and MAS clearance remain undisclosed. Could this be another major step toward institutional digital asset adoption in Singapore? 🔗Know More in the comments.
Open source - TB
The BlockArticle ·
Standard Chartered to expand crypto custody services in Singapore The bank said the service would extend its existing crypto custody footprint in the UAE, Luxembourg, and Hong Kong.
Open source - BS
BSCN@BSCNewsPost on X ·
Standard Chartered Brings Crypto Custody Plans to Singapore Standard Chartered (@StanChart) is getting ready to offer custody services for selected cryptocurrencies, stablecoins, and tokenized real-world assets. The offering will target institutional and accredited investor corporate clients in Singapore. The service will also connect digital asset custody with other financing and securities services that the bank already provides. According to Patrick Lee, the CEO of Singapore and ASEAN & South Asia, secure infrastructure will be critical as tokenized assets grow.
Open source - TM
That Martini Guy ₿@MartiniGuyYTPost on X ·
Standard Chartered is expanding its crypto footprint in Singapore. The bank plans to offer institutional crypto and real-world asset custody services to institutions and accredited corporate investors, subject to regulatory requirements. Another major global bank moving deeper into digital assets. This is the kind of infrastructure that can bring more institutional capital into crypto and tokenised assets.
Open source - TB
The Block@TheBlockCoPost on X ·
THE BLOCK: Standard Chartered's Singapore unit plans to offer custody for selected crypto assets, stablecoins, and tokenized real-world assets to institutional investors. The bank said the service would extend its existing crypto custody footprint in the UAE, Luxembourg, and Hong Kong.
Open source - CO
CoindeskArticle ·
Standard Chartered to expand institutional crypto and RWA custody to Singapore The bank would offer the service to institutions and accredited corporate investors, subject to regulatory requirements.
Open source - CT
Coin TelegraphArticle ·
Standard Chartered plans institutional crypto custody in Singapore Standard Chartered plans custody for cryptocurrencies, stablecoins and tokenized assets for institutional and eligible corporate clients in Singapore.
Open source