Standard Chartered launches Bitcoin and Ether trading for institutions

After rolling out Bitcoin and Ether spot trading, Standard Chartered plans to soon introduce crypto derivatives for institutional investors.

Multinational bank Standard Chartered has launched a new trading service allowing institutions and corporations to trade major cryptocurrencies.

Standard Chartered is rolling out spot trading for Bitcoin (BTC) and Ether (ETH) through its UK branch, the company said in a statement shared with Cointelegraph on Tuesday.

“Digital assets are a foundational element of the evolution in financial services. They’re integral to enabling new pathways for innovation, greater inclusion and growth across the industry,” Standard Chartered group chief executive Bill Winters said.

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