Standard Chartered Bank and Coinbase expand their partnership on institutional digital asset services

Coinbase and Standard Chartered Bank announced an expanded partnership to jointly explore developing comprehensive digital asset service solutions for institutional clients, encompassing trading, custody, staking, and lending. This upgraded collaboration builds on the two companies' existing business relationship in Singapore, where Standard Chartered currently provides Coinbase clients with real-time Singapore dollar transfers. Coinbase's trust among banks and other institutions continues to grow following JPMorgan Chase's integration of its JPM Coin deposit token into Coinbase's Layer-2 blockchain, Base.