On July 15, 2025, British bank Standard Chartered made a significant move into the world of cryptocurrencies by launching spot trading for Bitcoin () and Ethereum () through its UK subsidiary. This step makes the bank the first globally systemically important financial institution to offer regulated and secure trading of these assets for institutional clients such as corporations, investors, and asset managers. The trading is integrated with the bank's existing platforms, allowing clients to use familiar FX interfaces.
According to CEO Bill Winters, digital assets are becoming the foundation of the evolution of financial services, and this step responds to the growing demand for safe and regulated solutions. Clients can choose their own custodians, including the bank's own services. Trading in non-deliverable forwards (NDF) is expected to be added soon, expanding the offering.
This step reflects the trend towards institutional integration of cryptocurrencies, supported by Standard Chartered analysts' forecasts of Bitcoin's price rising to $135,000 by the end of the third quarter and $200,000 by the end of the year. Currently, Bitcoin is trading at $116,767, while Ethereum is showing growth.
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