BTC and ETH trading is available through Standard Chartered DIFC.
Orders can use infrastructure already familiar to institutional FX desks.
Clients can settle with Standard Chartered or another supported custodian.
Standard Chartered has launched deliverable Bitcoin and Ether spot trading for institutional clients in the United Arab Emirates, becoming the first Global Systemically Important Bank (G-SIB) to offer the service in the country.
According to Reuters, eligible clients can now trade BTC/USD and ETH/USD through the bank’s established electronic trading infrastructure while retaining flexibility over where the assets are ultimately custodied.
Crypto joins Standard Chartered’s FX infrastructure
The UAE service integrates Bitcoin and Ethereum into Standard Chartered’s institutional electronic trading channels rather than creating a separate crypto venue.
Clients can access BTC/USD and ETH/USD through the bank’s digital-asset trading platform, which supports Standard Char
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