Standard Chartered Spot Trading Adds BTC, ETH Access

Standard Chartered Spot Trading Goes Live in the UK

Will Standard Chartered Spot Trading Boost Bitcoin

Institutional crypto adoption is officially here. In response to the increasing demand for digital assets, Standard Chartered spot trading has started providing for Bitcoin and Ethereum through its U.K. branch, focusing on institutional clients. The bank declared that it is the first globally recognized systemically significant bank to offer scalable, safe, and regulated access to deliverable trading for Bitcoin and Ether.

Source Wublockchain

Corporates, investors, and asset managers are among the institutional clients who can now trade digital assets through well-known foreign exchange interfaces. According to a statement from the bank, it also intends to provide non-deliverable forwards trading soon. This is a major step toward mainstream crypto adoption, banks are finally embracing the future.

Standard Chartered Spot Trading service Offering

The Bank’s offering aligns with a 50% rise in global bank crypto activity since 2020, signaling a strategic shift toward regulated digital asset adoption. Banks CEO Bill Winters said "We want to offer clients a route to transact, trade and manage digital asset risk safely within regulatory requirements." as the statement sounds clear and loud for investors to trade cryptocurrency effortlessly. 

• Fully integrated with existing platforms for institutional clients to access and trade crypto assets.

• Allows investors to select preferred custodian or multiple providers for digital asset storage.

• Actively rolling out custody services, including regulated custody offering for Bitcoin and Ether in UAE and Luxembourg.

Crypto Adoption by Banks Accelerates Globally

Rick Wurster, the CEO of Charles Schwab, stated in April that the financial services company is "hopeful and likely to be able" to introduce support for  cryptocurrency trading in the upcoming year. The largest bank in the world, JPMorgan Chase, revealed plans in June to test JPMD, a blockchain-based token that resembles a stablecoin and would debut on the Ethereum Layer 2 network Base, which Coinbase is incubating.

Geoffrey Kendrick, the Global Head of Digital Assets Research, said earlier this month that bitcoin would reach $135,000 by the end of Q3 and reaffirmed a $200,000 estimate by year-end, citing policy tailwinds, rising corporate treasury purchases, and expanding ETF inflows.

The Future of Crypto Trading for Big Investors

The financial institue anticipates adding crypto non-deliverable forwards (NDFs), or two-party derivatives contracts, to the offering shortly after the debut of Standard Chartered spot trading. This new Standard Chartered spot trading service is just the beginning. It also plans to offer a product called non-deliverable forwards (NDFs) soon. These are special contracts that let big investors, like companies and asset managers, bet on cryptocurrency prices or protect against risks—without actually holding any digital assets themselves.Without worrying about wallets or storage, these investors will find it easier to control price swings, try out different trading strategies, and invest in cryptocurrencies.

Final Thoughts

By launching Standard Chartered spot trading for Bitcoin and Ethereum, it's proving that cryptocurrencies are starting to play a big role in traditional finance. The bank is giving big players a reputable and secure way to engage with the right regulation and strong trading and storage features. As laws tighten and demand for cryptocurrencies rises, more institutions are joining the sector.  Instead of just watching the bitcoin sector develop, Standard Chartered spot trading is now actively influencing its destiny.