FalconX has partnered with Standard Chartered to enhance crypto services for institutional investors, aiming to leverage Standard Chartered's banking infrastructure and foreign exchange capabilities. The collaboration will initially focus on clients in Singapore before expanding to the U.S. and the Middle East. Standard Chartered has been scaling its crypto operations, including launching crypto custody services and trading desks for Bitcoin and Ethereum. This partnership marks FalconX's first collaboration with a traditional banking institution amidst increasing institutional interest in crypto, spurred by the approval of Bitcoin ETFs in the U.S. Standard Chartered anticipates the crypto market will reach $10 trillion by 2026, underpinning its long-term investment strategy in the sector.

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