Standard Chartered Launches Major Cryptocurrency Brokerage Service



Bloomberg reports that Standard Chartered is launching a major cryptocurrency brokerage service for hedge funds and asset managers through its investment arm, SC Ventures.

American banks are also expanding similarly: J.P. Morgan is considering trading cryptocurrencies for its clients, while Morgan Stanley has applied for licenses for Bitcoin, Ethereum, and Solana ETFs.

With $140 billion in currently active spot cryptocurrency ETFs, the demand for infrastructure for major brokerage services is increasing.

Bitcoin price remains around $92,000 as institutional adoption continues to grow.
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BasheerAlgundubivip
· 5h ago
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The price of Bitcoin stabilizes at around $92,000 as institutional adoption increases.
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GateUser-e52d7072vip
· 4h ago
Happy New Year! 🤑
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