Standard Chartered to Launch Crypto Prime Brokerage Under Venture Capital Arm

Standard Chartered is preparing to deepen its push into digital assets by setting up a crypto prime brokerage, according to people familiar with the matter, as major global banks accelerate efforts to compete for institutional crypto flows, reports Bloomberg. The London-based lender plans to house the new business within SC Ventures, its wholly owned venture capital arm, rather than inside its core corporate and investment bank. Discussions remain at an early stage, and the timing of any launch has yet ...