FalconX, a leading digital asset prime broker, has announced a strategic partnership with Standard Chartered, a prominent international banking group. This collaboration aims to provide FalconX with a comprehensive suite of banking services, enhancing its offerings for institutional clients worldwide. Initially, FalconX will integrate Standard Chartered’s banking infrastructure, allowing access to a wide range of currency pairs and improving the speed, scale, and reliability of cross-border settlements.
The partnership marks a significant step in FalconX’s mission to bridge the gap between traditional finance and digital assets. Matt Long, General Manager for APAC and the Middle East at FalconX, expressed enthusiasm about the collaboration, stating, “We are pleased to partner with Standard Chartered, one of the most forward-thinking global banks in digital asset adoption.”
As the demand for digital assets continues to grow, the partnership is expected to evolve beyond banking services, potentially including new products and services tailored to the needs of institutional clients such as asset managers, hedge funds, token issuers, and payment platforms. Luke Boland, Head of Fintech for ASEAN, South Asia, and GCNA at Standard Chartered, highlighted the bank’s commitment to advancing the digital asset ecosystem, saying, “Our collaboration with FalconX underscores our commitment to advancing the digital asset ecosystem.”
This partnership not only strengthens FalconX’s global footprint but also positions both companies to better serve the evolving needs of their institutional clients in the rapidly growing digital asset market.
“`
