Standard Chartered Expands Crypto Custody Services to Singapore

crypto custody services — Standard Chartered is extending its digital asset custody services to Singapore, broadening its institutional crypto footprint in Asia and beyond.

The bank announced the move, which will see its Zodia Custody joint venture offer services to clients in Singapore. This expansion builds on its existing custody operations in the United Arab Emirates, Luxembourg, and Hong Kong.

The service is designed for institutional investors seeking regulated custody solutions for digital assets. It highlights the growing demand from traditional finance entities for secure infrastructure to hold cryptocurrencies.

Standard Chartered’s move into Singapore, a major financial hub with a progressive regulatory stance on digital assets, signals continued institutional adoption. The expansion is part of a broader trend of major banks entering the crypto custody space to serve corporate and investment clients.