Standard Chartered Doubles Down: Spot Trading Now Live for BTC & ETH
Wall Street's sleeping giant just woke up—with crypto claws.
Standard Chartered fires the latest salvo in the institutional adoption war, flipping the switch on spot trading for Bitcoin and Ethereum. No more dipping toes through derivatives or ETFs. Clients get direct access to the real thing.
The move smacks of desperation from traditional finance. After years of scoffing at 'magic internet money,' even the most conservative banks now scramble to offer crypto services—just as retail traders lose interest. How poetic.
Expect volumes to surge as institutional money meets crypto's liquidity. The bank's infrastructure could legitimize spot trading for risk-averse whales. Or crash spectacularly when they realize crypto markets never sleep.
One thing's certain: the dinosaurs are learning to dance. Whether they'll keep up with the DeFi raptors? That's the real trillion-dollar question.
