Standard Chartered and Coinbase Strengthen Partnership for Institutional Crypto Infrastructure

Standard Chartered and Coinbase have taken steps to expand their collaboration aimed at enhancing crypto infrastructure tailored for institutional clients.

Key Takeaways

Standard Chartered and Coinbase have deepened their alliance to create a robust crypto infrastructure for institutions.
The partnership will focus on services like trading, prime services, custody, staking, and lending.
It aims to combine Standard Chartered's banking expertise with Coinbase's crypto platform.
This collaboration builds on their existing relationship in Singapore, where Standard Chartered facilitates real-time currency transfers for Coinbase.
Recent developments also include the U.S. Office of the Comptroller of the Currency approving national trust bank charters for companies in the digital asset space.

Standard Chartered, Coinbase deepen alliance to build institutional crypto infrastructure

Expanded Partnership Focused on Secure Solutions

As per the announcement made on Friday, the partnership aims to develop offerings across various sectors including trading, prime services, custody, staking, and lending. Margaret Harwood-Jones, global head of financing and securities services at Standard Chartered, emphasized the goal to deliver secure, transparent, and interoperable solutions that adhere to high levels of security and compliance.

This partnership will merge Standard Chartered’s expertise in cross-border banking and custody with the efficient institutional crypto platform by Coinbase. Together, they plan to create a comprehensive range of services that will enable institutions to trade and manage digital assets securely and in compliance with existing regulations.

Related:Coinbase opens Solana DEX access as CeFi and DeFi converge.

Building on Existing Collaborations in Singapore

This recent announcement builds on their pre-existing relationship in Singapore, where Standard Chartered already provides essential banking connectivity for Coinbase, facilitating real-time Singapore dollar transfers for users of the exchange.

In addition, last year, Crypto.com announced a partnership with Standard Chartered to introduce global retail banking services, allowing users across more than 90 countries to deposit and withdraw currencies like US dollars, euros, and UAE dirhams through its app.

Coinbase is also poised to release new products in the coming week, which may include features like prediction markets and tokenized stocks.

Related:Pantera, Coinbase back Surf’s $15M push to build crypto-native AI models.

Regulatory Developments for Crypto Trust Banks

On Friday, the U.S. Office of the Comptroller of the Currency (OCC) approved national trust bank charter applications for five firms associated with the digital asset sector.

This includes BitGo, Fidelity Digital Assets, and Paxos, which are transitioning from state-chartered trust companies to national entities. Additionally, new applicants Circle and Ripple are part of this regulatory progression.

Magazine:2026 is the year of pragmatic privacy in crypto — Canton, Zcash and more.