Standard Chartered has been granted a Luxembourg license to launch digital asset custody services in the European Union
On August 7, Standard Chartered virtual banking subsidiary Mox announced the launch of a cryptocurrency ETF service, becoming the first bank of its kind to offer direct trading of spot bitcoin and ether ETFs on its platform. The bank also plans to expand its cryptocurrency offerings, including by partnering with licensed exchanges to allow direct purchases and transactions of cryptoassets in the future. Mox charges a fee of 0.12% of the trading volume for spot and derivatives ETFs listed in Hong...
Standard Chartered-backed cryptocurrency trading firm Zodia Markets said it is acquiring Elwood Technologies' over the counter unit, confirming media reports that the unit is up for sale and sale talks are ongoing. The company said Monday that Elwood, backed by billionaire Alan Howard, will focus on its trading technology software-as-a-service (SaaS) products and services after transferring the business.
Zodia Markets, a cryptocurrency subsidiary of Standard Chartered, is in talks to acquire a stake in Elwood Technologies, a digital asset firm backed by billionaire hedge fund manager Alan Howard.