FalconX, a prominent institutional digital asset prime broker, has announced a strategic partnership with Standard Chartered to enhance its offerings for institutional clients.
The collaboration aims to integrate Standard Chartered’s banking infrastructure with FalconX and provide a comprehensive suite of banking services worldwide.
In the initial phase, FalconX will leverage Standard Chartered’s extensive range of currency pairs to improve the speed, scale, and cross-border settlements for its institutional clients.
Also, the digital asset broker will develop additional products and services customised to the needs of its institutional clients.
The clients include asset managers, hedge funds, token issuers, and payment platforms.
Standard Chartered fintech ASEAN, South Asia and GCNA head Luke Boland said: “Our collaboration with FalconX underscores our commitment to advancing the digital asset ecosystem.
“As institutional demand for digital assets continues to grow, we’re proud to provide the banking infrastructure that enables firms like FalconX to deliver world-class trading and financing solutions to institutional clients.”
FalconX is a digital asset prime brokerage, offering comprehensive access to global digital asset liquidity and a full range of trading services.
It is supported by investors Accel, Adams Street Partners, Altimeter Capital, American Express Ventures, B Capital, GIC, Lightspeed Venture Partners, Sapphire Ventures, Thoma Bravo, Tiger Global Management, and Wellington Management.
The partnership with Standard Chartered aligns with its ongoing efforts to bridge the gap between traditional finance and digital assets with enterprise-grade infrastructure.
Furthermore, the partnership is expected to extend beyond banking services, as FalconX continues its global expansion.
FalconX APAC and Middle East general manager Matt Long said: “We are pleased to partner with Standard Chartered, one of the most forward-thinking global banks in digital asset adoption.
“At FalconX, we support trading and financing for some of the world’s largest institutions in digital asset markets, and this relationship strengthens our ability to deliver robust banking and FX solutions to clients who rely on us to operate in crypto markets.”
