Standard Chartered and FalconX have formed a new partnership to offer banking services specially designed for companies and institutions working with digital assets.
The partnership aims to make it easier for users to trade in multiple currencies and improve access to global resources in the crypto markets.
This move helped Standard Chartered become one of the leading global banks using digital assets.
Standard Chartered Bank has announced a new partnership with FalconX, an institutional brokerage, to offer banking services to FalconX’s crypto clients. This move highlights how global banks are becoming more involved in the digital asset industry.
Standard Chartered will provide various banking services to FalconX customers in this partnership. The first phase will focus on helping them trade in multiple currencies and handle foreign exchange transactions.
Both companies plan to work together more closely, offering more financial services and exploring additional partnership opportunities.
Support beyond traditional banking
The partnership is expected to extend to:
- Asset Managers
- Hedge Funds
- Payment Platforms
- Tokens issuers
Matt Long, FalconX’s Regional Director for Asia Pacific and the Middle East, said:
Standard Chartered is one of the most advanced global banks in adopting digital assets. At FalconX, we provide trading and financing services to leading institutions, and this partnership enhances our ability to provide reliable solutions to our clients.
Luke Boland, head of South Asia’s FinTech sector at Standard Chartered, said:
With the growing institutional demand for digital assets, we proudly provide banking infrastructure enabling companies like FalconX to offer world-class trading and financing services.”
This move is part of a series of steps by Standard Chartered to support the crypto world. In April 2025, the bank teamed up with OKX to launch a pilot project that lets institutional investors use cryptocurrencies and tokenized assets as collateral for financial deals.
Standard Chartered’s involvement in the crypto world began in 2016 when it invested strategically in Ripple, the company behind XRP.
A look at the second half of 2025
This partnership comes at a time when companies like Messari and Signum Bank believe that more global banks will join the cryptocurrency market in the second half of 2025, especially as regulations around crypto continue to improve worldwide.
As the price of Bitcoin (BTC) exceeds $104,000, major banks are working on creating a more integrated system to help institutions enter the crypto market with confidence and transparency.
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