FalconX, Standard Chartered Launch Institutional Crypto Partnership

FalconX has formed its first partnership with a global traditional bank by teaming up with Standard Chartered to enhance institutional crypto services. The collaboration gives FalconX access to Standard Chartered’s comprehensive banking and FX infrastructure, enabling faster and more efficient cross-border settlements for clients including hedge funds, asset managers, and sovereign wealth funds. Initially focusing on Singapore, the partnership aims for broader regional expansion and reflects growing institutional demand for digital assets. Both companies plan to extend their collaboration beyond banking to offer additional products and services tailored to institutional needs. Standard Chartered has expanded its digital asset initiatives, including custody and trading desks, reinforcing its commitment to the sector. The partnership comes amid strong growth for FalconX and a bullish market outlook, with Standard Chartered projecting the crypto market could reach $10 trillion by 2026.