Analysis

Billion-Dollar Bank Standard Chartered Prepares New Crypto Prime Brokerage: Report

Published

7 hours ago

January 17, 2026

British multinational Commonplace Chartered is reportedly planning to arrange a primary brokerage for crypto buying and selling.

Bloomberg quotes folks accustomed to the matter reports that the banking large with whole belongings of $849 billion will function the brand new firm inside its wholly-owned enterprise capital unit SC Ventures.

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The sources say discussions are nonetheless at an early stage and it’s not but clear when the service will launch.

Final month, SC Ventures introduced in a after on skilled networking platform LinkedIn that it’s growing a digital asset enterprise known as Project37C to satisfy rising institutional demand for digital asset capabilities. The Singapore-based monetary providers supplier didn’t identify an exterior accomplice for the three way partnership.

“This three way partnership will complement the broader Commonplace Chartered digital asset ecosystem, which incorporates custody, tokenization and market entry, and goals to deliver institutional-grade innovation to this quickly evolving area.”

The report says that housing the brand new firm inside SC Ventures might assist Commonplace Chartered keep away from the strict capital necessities for digital belongings at the moment imposed on banks.

Below the Basel III guidelines for the worldwide banking sector, banks face a danger premium of 1,250% for publicity to unbacked crypto belongings akin to Bitcoin (BTC) and Ether (ETH).

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