๐ฆ BREAKING๐จ
: Standard Chartered Secures Major Custody Deal With 21Shares! ๐๐ฅ
A fresh wave of institutional adoption just hit the market โ and itโs big.
Standard Chartered has officially been selected as the digital asset custodian for 21Shares, one of the worldโs leading crypto ETP issuers. The partnership will leverage Standard Charteredโs newly launched Luxembourg-based custody service, boosting trust, compliance, and secure infrastructure for large-scale crypto exposure.
๐ก Why This Matters
Institutional validation: A top-tier global bank partnering with a top crypto asset manager is a strong signal of rising institutional confidence in digital assets.
Enhanced security: Standard Charteredโs new custody platform is designed for high-level compliance + secure storage โ exactly what asset managers require.
European expansion: Positioning the custody service in Luxembourg highlights strategic growth in one of Europeโs leading financial hubs.
๐ Market Impact
Moves like this typically precede:
More ETP inflows
Increased institutional allocation
Stronger demand for spot digital asset products
Crypto adoption isnโt slowing โ itโs accelerating. ๐ผ๐
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