FalconX and Standard Chartered Forge Crypto Alliance—Because Banks Finally Realized Resistance Is Futile
Institutional crypto just got a heavyweight backer—or maybe a latecomer scrambling for relevance. FalconX, the crypto prime brokerage, is teaming up with Standard Chartered to offer institutional investors seamless access to digital assets. Because nothing says ’trust us’ like a 160-year-old bank jumping into a market it once dismissed.
The partnership will leverage Standard Chartered’s custody chops and FalconX’s trading infrastructure, creating a one-stop shop for deep-pocketed investors. Translation: Wall Street wants in, but only if it can pretend it’s not touching the ’risky’ stuff directly.
This move signals another step toward crypto’s inevitable absorption into traditional finance—where innovation goes to put on a suit and get neutered. Happy trading, folks.