Standard Chartered Participates in Jammed $18M Round for Crypto Custodian
Standard Chartered said it invested in Metaco to improve the relatively undeveloped market infrastructure in digital assets.
Standard Chartered has gathered a group of crypto exchanges for a new digital asset trading platform tailored to the institutional market, according to sources.
The proof-of-concept issuance of tokenized bonds was carried out on a blockchain platform built by Standard Chartered's fintech investment unit.
Zodia Custody is currently pending approval by the U.K.'s Financial Conduct Authority and is expected to launch in 2021.
The Travel Rule Protocol working group has published the first version of its TRP API.
The head of Standard Chartered's venture arm said the crypto custody solution could launch into test phase sometime later this year.