Standard Chartered Partners with FalconX to Enhance Crypto Institutional Services
Standard Chartered (STAN) has entered a strategic partnership with institutional prime broker FalconX, providing banking services to bolster cross-border settlement efficiency. The collaboration will leverage multiple currency pairs to streamline transactions for hedge funds, asset managers, and other institutional clients.
FalconX, headquartered in San Mateo, California, aims to bridge the gap between traditional finance and digital assets by offering TradFi-grade prime brokerage services. The firm plans to utilize Standard Chartered’s infrastructure as a springboard for additional institutional-grade products.