Standard Chartered Becomes Digital Asset Custodian for 21Shares Crypto ETPs

Standard Chartered has been appointed as the new digital asset custodian for 21Shares, a leading issuer of cryptocurrency exchange-traded products (ETPs). This partnership highlights the growing involvement of traditional financial (TradFi) institutions in the crypto market by providing bank-grade custody for digital assets, now backing the 21Shares products. This looks like a new trend in 2025, with more examples like US Bancorp in the US and BBVA in Spain partnering with Ripple. According to the announ ...