Standard Chartered Teams Up with FalconX to Power Crypto Institutions
By: crypto news australia|2025/05/15 10:45:04
0
Share
FalconX has partnered with Standard Chartered, marking its first deal with a global bank. The partnership will provide FalconX clients with fiat rails, FX support, and broader banking services.The move signals Standard Chartered’s growing push into crypto post-Trump’s re-election, aligning with rising demand from institutions like hedge funds and asset managers for digital asset infrastructure.Crypto prime broker FalconX has secured its first partnership with a global bank, teaming up with Standard Chartered, which will deliver fiat and FX support to institutional digital asset clients.As stated, the deal will see Standard Chartered deliver core banking infrastructure to FalconX’s global client base, including access to fiat rails and currency pairs tailored to institutional trading needs. However, both firms signalled plans to roll out additional services as demand from hedge funds, asset managers, token issuers, and payment platforms continues to rise, according to the announcement. We are pleased to partner with Standard Chartered, one of the most forward-thinking global banks in digital asset adoption. At FalconX, we support trading and financing for some of the world’s largest institutions in digital asset markets, and this relationship strengthens our ability to deliver robust banking and FX solutions to clients who rely on us to operate in crypto markets. Matt Long, FalconX’s General Manager, APAC & Middle East Since Trump’s return to office, Standard Chartered has deepened its crypto involvement—spurred not only by federal shifts but also by states like New Hampshire and Arizona launching Bitcoin reserves.As Crypto News Australia reported, Standard Chartered is one of the many traditional banks considering plans to expand their crypto services, particularly in the US.FalconX is a California-based crypto company founded in 2018, last valued at US$8B (AU$12.4B) following a US$150M (AU$232M) funding round in 2022. Its backers include Wellington Management, Tiger Global, and Singapore’s GIC.Weird Months for FalconXDespite the good news, it has been a sort of shaky year for FalconX so far, as the company saw a sharp shakeup in its executive ranks, with between 10 and 15 senior leaders departing in early 2025, according to multiple reports. The turnover includes high-level exits across compliance, legal, trading, and regional leadership.No official reason... but plenty of theories. Speculation across industry circles points to a mix of internal friction and external pressures, including strategic disagreements following rapid expansion (the company nearly doubled headcount in 2024) as well as “cultural misalignment” in a firm scaling faster than its foundations.Related: XRP Surpasses $151 Billion Market Cap amid CME Futures LaunchThe post Standard Chartered Teams Up with FalconX to Power Crypto Institutions appeared first on Crypto News Australia.
You may also like

Huang Renxun's Latest Podcast: Will NVIDIA Reach $1 Trillion? Will the Number of Programmers Increase Instead of Decrease? How to Deal with AI Anxiety?
Hashpower will determine everything; human work will only be restructured, not disappear

Besides Resolv Hack, This DeFi Vulnerability Type Has Occurred Four Times
17 minutes, 100k turned into 25M.

Trump Cries Peace, $1.5 Billion Dash | Rewire News Evening Brief
In the first 15 minutes of trading, $1.5 billion in futures trades have already taken place

From x402 to MPP: Cloudflare's crucial vote, will it go to Coinbase or Stripe?
Cloudflare is both building walls and opening windows. It provides both blocking tools and paid access tools. They decide what is kept out, what is allowed in, and under what conditions it can enter.

BlackRock CEO issues annual open letter: The wave of tokenization has arrived, and we will lead this trend
Rebuild capitalism that belongs to everyone.

When Backpack backstabs the community
Once a fundamental rift in trust appears, the cost that Backpack must pay to repair it is likely far more expensive than the profits previously "harvested" through service fees.

When gold is no longer a safe haven, and Bitcoin continues to panic
The whole world is waiting for the Strait of Hormuz to reopen. Why not guess which type of asset will return to pre-war levels first?

Trump, the World's Largest Oil Trader
No matter the outcome, he will not lose money.

If the US and Iran have not reached an agreement in 5 days, what other cards does Trump have?
A $100 Brent implies an approximate 30-40% "strike probability".

Tether Whale Dumps £12 Million, Backing Crypto’s ‘British Trump’
In the US, the crypto industry's big-money push to back Trump and reclaim regulatory control has already played out. In the UK, the same script is unfolding once again.

Ethereum Foundation Post: Rethinking the Division of Work Between L1 and L2 to Build the Ultimate Ethereum Ecosystem
Five years in the making, the Ethereum Foundation has updated the L1 and L2 ecosystem positioning and overarching guidance.

Two Major Prediction Market Platforms Unite Rarely, What Is the Story Behind This New Fund?
When Klashi's early employees went out to raise funds, the two CEOs chose to appear together on the investor list.

Dragonfly Partners: Most agents will not engage in autonomous trading, how can crypto payments prevail?
Although the scale of the agent economy will be very large, the proportion of agents actually conducting transactions will not be that high.

US AI Startup Goes All In on Chinese Mega-Model | Rewire News Morning Brief
The open-source ecosystem and manufacturing data form a dual circulation, allowing progress towards the cutting edge even under chip constraints

Trump Lies Again: A "Five-Day Pause" Psyop, How Wall Street, Bitcoin, and Polymarket Insiders Synced Uposciogen
Five days from now, the market will once again face Trump's "final deadline." Will this be the real endgame, or just another round of back-and-forth?

When a Token Becomes Labor, People Become the Interface
In 2023, having a Card is king. In 2026, having a Token is king.

Ceasefire News Leaked Ahead of Time? Large Polymarket Bets on Outcome Before Trump's Tweet
Minutes before Trump's market-moving social media post, S&P 500 futures and crude oil futures also saw abnormal trading volume.

BlackRock CEO's Annual Shareholder Letter: How is Wall Street Using AI to Keep Profiting from National Pension Funds?
AI is creating enormous wealth, but wealth distribution and risk exposure are replaying in a familiar pattern
Huang Renxun's Latest Podcast: Will NVIDIA Reach $1 Trillion? Will the Number of Programmers Increase Instead of Decrease? How to Deal with AI Anxiety?
Hashpower will determine everything; human work will only be restructured, not disappear
Besides Resolv Hack, This DeFi Vulnerability Type Has Occurred Four Times
17 minutes, 100k turned into 25M.
Trump Cries Peace, $1.5 Billion Dash | Rewire News Evening Brief
In the first 15 minutes of trading, $1.5 billion in futures trades have already taken place
From x402 to MPP: Cloudflare's crucial vote, will it go to Coinbase or Stripe?
Cloudflare is both building walls and opening windows. It provides both blocking tools and paid access tools. They decide what is kept out, what is allowed in, and under what conditions it can enter.
BlackRock CEO issues annual open letter: The wave of tokenization has arrived, and we will lead this trend
Rebuild capitalism that belongs to everyone.
When Backpack backstabs the community
Once a fundamental rift in trust appears, the cost that Backpack must pay to repair it is likely far more expensive than the profits previously "harvested" through service fees.
