SAEDNEWS: The World Bank, Standard Chartered, and cryptocurrency exchange Coinbase have expanded their collaboration to simplify institutional access to digital currency services.
According to the cryptocurrency service of Saed News, this collaboration focuses on providing comprehensive solutions for trading and managing digital assets.
Margaret Harwood-Jones, Global Head of Financial Services and Securities at Standard Chartered, said: “By combining our expertise in cross-border trading and asset custody with Coinbase’s advanced capabilities in digital currencies, we aim to deliver solutions that are secure, transparent, and interoperable.”
The partnership will encompass the development of trading, custody, staking, and lending services for global institutions.
Singapore will serve as the operational hub for the partnership, enabling instant SGD (Singapore Dollar) transfers for Coinbase clients. This is expected to support the international expansion of the collaboration.
As cryptocurrency markets mature and regulatory frameworks become clearer, global financial institutions are increasingly seeking secure custody, risk management, and cross-border transfer services for digital assets.
