FalconX Partners with Standard Chartered to Expand Institutional Crypto Services

FalconX, a leading institutional digital asset prime broker, announced a strategic partnership with Standard Chartered, an institutional banking giant.

The report noted that by integrating Standard Chartered’s banking infrastructure and currency capabilities, FalconX will boost cross-border settlement performance while advancing its goal of uniting traditional finance and digital assets.

A Strategic Partnership

As part of the collaboration, the banking giant will provide FalconX with global banking solutions, boosting its institutional offerings. The partnership will broaden to include additional services and joint opportunities.

Remarkably, the company operates across 53 of the world’s most vibrant and fast-growing markets. It aims to drive and promote commerce and prosperity through the strength of its diverse workforce.

Commenting on the latest collaboration, Luke Boland, Head of Fintech, ASEAN, South Asia & GCNA at Standard Chartered, said:

“Our collaboration with FalconX underscores our commitment to advancing the digital asset ecosystem. As institutional demand for digital assets continues to grow, we’re proud to provide the banking infrastructure that enables firms like FalconX to deliver world-class trading and financing solutions to institutional clients.”

While FalconX continues to extend its global reach, the collaboration with Standard Chartered is poised to evolve into a comprehensive platform addressing institutional finance’s future. It also extends services beyond banking to empower asset managers, hedge funds, token issuers, and payment systems.

“We are pleased to partner with Standard Chartered, one of the most forward-thinking global banks in digital asset adoption. At FalconX, we support trading and financing for some of the world’s largest institutions in digital asset markets, and this relationship strengthens our ability to deliver robust banking and FX solutions to clients who rely on us to operate in crypto markets,” Matt Long, General Manager, APAC & Middle East at FalconX, added.

FalconX Provides Access to the Liquidity Pool

Founded in 2018, FalconX integrates over 70 trading venues, providing access to the most extensive liquidity pool in the industry and ensuring seamless execution and outcomes for clients.

Prominent investors support the company, including Accel, Adams Street Partners, Altimeter Capital, American Express Ventures, B Capital, GIC, Lightspeed Venture Partners, Sapphire Ventures, Thoma Bravo, Tiger Global Management, and Wellington Management.

Meanwhile, with offices located in Silicon Valley, New York, London, Hong Kong, Bengaluru, Singapore, and Valletta, the company said it has a team for account, operational, and trading needs, which allows investors to navigate markets efficiently.