
Standard Chartered, Animoca Brands, HKT Partner to Launch HKD-Backed Stablecoin
SCBHK, Animoca Brands, and HKT have already been testing the waters in HKMA’s stablecoin sandbox since July 2024.
DBS Bank cooperates with Standard Chartered PLC on developing distributed ledger technology for trade finance in Singapore.
SCBHK, Animoca Brands, and HKT have already been testing the waters in HKMA’s stablecoin sandbox since July 2024.
According to Standard Chartered’s Geoffrey Kendrick, Bitcoin is on track to hit $500,000 by the end of 2028.
Standard Chartered’s Head of Digital Assets Research signals Bitcoin vulnerability, predicting a possible 10% drop if it breaks below $90,000, despite current market recovery and positive long-term outlook.
To compete in the fast-growing crypto ecosystem, Standard Chartered has launched a new offshoot in Singapore.
The AED Fiat Wallet will enable Crypto.com users with a UAE phone number to easily trade crypto assets free from any fee.
OKX collaborates with Standard Chartered to strengthen institutional digital asset custody, addressing security needs and enhancing service offerings for clients.
According to forecasts by Standard Chartered, the tokenization market is poised to surge to an astounding $30 trillion by 2034.
The report emphasizes that Bitcoin’s price is set to climb to new all-time highs either way, driven by several catalysts.
The HSBC and Standard Charted execs both believe that tokenization can close the wide gap between global trade finance requests and approvals.
Standard Chartered wants to do more in the cryptocurrency sector, solidifying its position through Zodia’s purchase of Elwood’s trading arm.
This integration meets the rising need among institutional investors to maximize returns from alternative assets, especially in times of economic uncertainty and market fluctuations.
21Shares, a top issuer of cryptocurrency exchange-traded products (ETPs), has teamed up with Zodia Custody to offer advanced custody services for its physically-backed digital asset ETPs in Switzerland and the wider European market.
Standard Chartered Bank, one of the leading global financial institutions headquartered in the United Kingdom, is preparing to enter the crypto trading market with the launch of a dedicated platform for spot traders.
On the higher side of the predictions, Robert Kiyosaki, the author of Rich Dad Poor Dad who is known for his bullish stance on cryptocurrencies, sees BTC reaching $350,000 by August 25.
Through its Ethereum-based platform, Deutsche Bank aims to offer record-keeping services that help issuers of tokenized funds monitor investors, custody arrangements, and valuations.