Standard Chartered Bank to Partner with Coinbase to Expand Institutional-facing Cryptocurrency Brokerage Business

BlockBeats News, December 12, according to CoinDesk's report, cryptocurrency exchange Coinbase and Standard Chartered Bank, a friendly crypto business, announced an expansion of their cooperation in the digital asset field, jointly exploring the development of products such as trading for institutional clients, prime brokerage services, custody, staking, and lending.

This collaboration builds on the partnership already established between the two parties in Singapore. In this partnership, Standard Chartered Bank provides banking connectivity services for Coinbase customers, allowing them to conduct real-time transfers in Singapore dollars.