Standard Chartered Partners FalconX to Enhance Institutional Crypto Services

Standard Chartered has announced a strategic partnership with FalconX, a leading digital asset prime brokerage firm based in California. The collaboration aims to enhance FalconX's institutional crypto services by leveraging Standard Chartered’s extensive banking and forex capabilities. This partnership is designed to facilitate smoother cross-border transactions for institutional clients dealing with digital assets.

The initial phase of the partnership will focus on integrating Standard Chartered’s banking features into FalconX’s digital asset platform. This integration will provide a diverse range of fiat currency pairs and improve the speed, reliability, and scalability of cross-border transactions. By reducing operational risks, FalconX’s institutional clients, including hedge funds, sovereign wealth funds, asset managers, and family offices, will be able to manage their capital more efficiently and enjoy a simplified trading experience.

Matt Long, FalconX’s General Manager for APAC and the Middle East, highlighted that the partnership will streamline fiat currency settlements for clients. He emphasized that this development aligns with FalconX’s goal of creating a reliable financial infrastructure for institutional players in the digital asset market. Long noted that the enhanced fiat settlements will result in more efficient transactions and greater liquidity, with a reduced risk of operational issues.

Standard Chartered has been at the forefront of supporting institutions with digital asset investments. Luke Boland, Head of Fintech for ASEAN, South Asia, and GCNA at Standard Chartered, described the partnership with FalconX as a key strategic move. He explained that as more institutions turn to crypto assets, access to stable banking solutions and global settlement technology will become increasingly important.

This collaboration follows Standard Chartered’s April 2025 partnership with OKX in the cryptocurrency market. That initiative introduced a collateral mirroring program aimed at enhancing transparency, reducing risks, and increasing returns for digital asset markets. The program involved Brevan Howard Digital and Franklin Templeton, further solidifying Standard Chartered’s role in institutional-grade digital finance infrastructure.

The partnership is set to launch in Singapore and will subsequently expand to the Middle East and the United States. Both companies are carefully considering expansion and regulatory needs as they roll out the partnership in phases. Future capabilities may be added to meet the evolving needs of institutional clients.

This move underscores the traditional finance sector’s embrace of digital asset innovation. By combining Standard Chartered’s global network with FalconX’s expertise in cryptocurrency, the partnership aims to set new standards for institutional crypto finance. This collaboration is a significant step towards integrating legacy banking systems with decentralized financial technologies.

As regulations in various regions become clearer, experts anticipate more alliances between traditional financial companies and digital asset businesses. The partnership between FalconX and Standard Chartered is expected to inspire similar integrations, laying the groundwork for a more unified and efficient digital financial marketplace.