CoinDesk · 8 Oct, 09:32 · Finance briefing

Standard Chartered to expand institutional crypto and RWA custody to Singapore

Standard Chartered is expanding its institutional custody services for cryptocurrency and real-world assets into Singapore.

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The briefing

The story
in brief.

What happened, who it affects, and why it landed on our intelligence desk — in plain English, sixty seconds or less.

Standard Chartered is expanding its institutional custody services for cryptocurrency and real-world assets into Singapore. This strategic move positions the bank to serve global financial institutions seeking secure storage and management solutions for digital assets. The expansion highlights Singapore’s growing role as a hub for digital asset regulation and innovation. By entering this market, Standard Chartered aims to capture demand from institutional clients navigating the complexities of crypto and tokenised asset management. This development signals a broader trend of traditional financial institutions integrating blockchain-based services into their core offerings.

Employer demand for AI in Banking skills — indexed growth since 2019
Indicative index of skill mentions in professional job postings for the field this story moves (2019 = 1)

Your move

What this means
for your career.

Every headline redistributes opportunity. Here is who this one rewards — and how to be on the right side of it.

This shift elevates the value of skills in digital asset regulation, blockchain infrastructure, and institutional risk management. If you work in finance, focus on understanding custody protocols and regulatory compliance for crypto assets. Professionals in legal or compliance roles should study emerging frameworks governing real-world assets. You should actively network with specialists in digital banking and secure asset management. Consider upskilling in blockchain technology basics or financial technology regulations. This move indicates that traditional banks are bridging the gap between fiat and digital finance. To stay competitive, you must understand how institutional clients manage digital risk. Prioritise learning about secure custody solutions and the legal nuances of tokenised assets. Your next step is to review current Singaporean financial regulations and identify gaps in your technical knowledge regarding distributed ledger technology.

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Indicative salary uplift in the fields matched to this story
Indicative ranges from published continuing-education salary studies, by field — each field is a recommended course below

Matched to this story

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