Big Banks Are Finally Teaming Up with Crypto, and FalconX Is Leading the Charge
So here’s the tea: FalconX, one of the biggest names in crypto prime brokerage, just teamed up with traditional banking heavyweight Standard Chartered, and it’s kind of a big deal. This isn’t just another random collab. It’s the first time FalconX is linking up with a legacy bank — and it’s all about bringing more institutions into the crypto space.
What’s in it for FalconX? Access to global banking tools, better FX support, and faster fiat settlements. Translation: crypto clients (we’re talking hedge funds and big asset managers) will get smoother, faster trades and better capital efficiency.
And for Standard Chartered? They’re going full speed into digital assets. They’ve already launched custody services in the UAE and partnered with OKX to let big players use crypto as collateral. Now, with FalconX, they’re making crypto feel less “Wild West” and more Wall Street.
It kicks off in Singapore, but the roadmap includes Asia, the Middle East, and the U.S. Basically, this is another sign that crypto’s getting serious — and the old-school financial world is finally paying attention.
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