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FalconX Partners with Standard Chartered Bank to Expand Cryptocurrency Services for Institutional Clients

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The Block
417Words
May 13, 2025

FalconX has established a strategic partnership with Standard Chartered Bank aimed at enhancing its cryptocurrency services for institutional clients. Standard Chartered will provide FalconX with comprehensive global banking services to improve the speed, scale, and reliability of cross-border settlements. In the initial phase, the collaboration will integrate Standard Chartered's banking infrastructure and support more currency pairs, targeting clients such as asset management firms, hedge funds, token issuers, and payment platforms. The partnership will begin in Singapore and gradually expand to other Asian markets, the Middle East, and the United States. Founded in 2018, FalconX is one of the largest cryptocurrency prime brokers, with a cumulative trading volume exceeding 1.50 trillion USD. Investors include Accel, American Express Ventures, GIC, and Tiger Global Management.

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