TheBlock
Coinbase has tapped Standard Chartered to expand multi-currency funding rails for its institutional client base, deepening the bridge between traditional banking infrastructure and crypto-native prime services. The partnership gives institutional traders access to a broader set of fiat on- and off-ramps, reducing friction for firms that operate across multiple currency jurisdictions.
Standard Chartered has been one of the more aggressive global banks in building crypto-facing infrastructure, particularly through its Zodia custody and markets subsidiaries. Pairing that reach with Coinbase's institutional platform signals a continued push by both firms to capture the growing wave of professional and corporate crypto adoption.
Frequently asked questions
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How will this partnership benefit institutional traders?
The partnership will provide institutional traders with broader fiat on- and off-ramps, reducing friction when operating across multiple currency jurisdictions.
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What is Standard Chartered's role in the crypto space?
Standard Chartered has been proactive in developing crypto-facing infrastructure, particularly through its Zodia custody and markets subsidiaries.
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