Standard Chartered to Launch Institutional Crypto and RWA Custody in Singapore
Standard Chartered is preparing to extend its institutional digital asset and real-world asset custody services to Singapore, targeting institutions and accredited corporate investors. The expansion is subject to local regulatory approval. The move signals continued growth in regulated institutional crypto infrastructure in Asia.
Standard Chartered is planning to bring institutional-grade cryptocurrency and real-world asset custody services to Singapore. The offering will be made available to institutional clients and accredited corporate investors, contingent on meeting local regulatory requirements.
The expansion reflects a broader trend of traditional financial institutions building out compliant digital asset infrastructure, particularly in jurisdictions with established regulatory frameworks for crypto custody.
While the announcement is not XRP-specific, custody expansions by major banks into RWA and digital asset services are directly relevant to the XRPL ecosystem, given Ripple's active focus on tokenized real-world assets and institutional adoption of XRP-related products.
Key facts
- •Standard Chartered plans to expand crypto and RWA custody to Singapore
- •Service targets institutions and accredited corporate investors
- •Subject to local regulatory requirements
- •Expansion touches real-world asset custody, a key area for XRPL development