Standard Chartered to Custody 21Shares’ Digital Assets in Luxembourg
Standard Chartered has been appointed as the digital-asset custodian for 21Shares, a leading provider of regulated crypto exchange-traded products (ETPs). The bank will leverage its Luxembourg-based platform, regulated by the CSSF, to secure 21Shares’ expanding suite of institutional crypto offerings.
The partnership underscores growing institutional demand for compliant crypto infrastructure. 21Shares, which pioneered physically backed crypto ETPs, gains a custody solution with Standard Chartered’s cross-border banking expertise and risk management framework.
This MOVE follows Standard Chartered’s recent crypto initiatives, including support for the DeCard stablecoin card. The Luxembourg custody arrangement provides 21Shares’ clients with governance controls and regulatory clarity—key requirements for institutional capital deployment in digital assets.
