Standard Chartered today announced its appointment as the digital asset custodian for 21shares, a leading issuer of crypto Exchange Traded Products (ETPs). The collaboration is set to enhance 21shares’ suite of institutional services, which includes a diverse range of crypto investment products supported by robust risk management frameworks.

Through this partnership, 21shares will leverage Standard Chartered’s extensive global expertise as a leading international bank. By combining innovative digital asset custody solutions with rigorous risk management, the firm aims to provide institutional investors with secure and reliable access to digital asset markets.

21shares Taps Standard Chartered for Digital Asset Custody Services

The move reflects growing demand from institutional clients seeking participation in the digital asset ecosystem, contributing to the maturation and adoption of digital asset-linked products. 21shares will initially utilize Standard Chartered’s newly established digital asset custody service based in Luxembourg. Registered with The Commission de Surveillance du Secteur Financier (CSSF), the platform offers a secure and compliant environment for storing digital assets.

Also, Margaret Harwood-Jones, Global Head of Financing and Securities Services at Standard Chartered, said: “We are excited to offer our digital asset custody services to ETP providers and other institutions, enabling them to meet the highest standards of safety and compliance. Working with 21shares allows us to extend our expertise into the fast-evolving digital asset ecosystem and support digital asset-linked products, providing institutional investors with the assurance they require.”

Moreover, Mandy Chiu, Global Head of Product Development at 21shares, added: “Partnering with Standard Chartered marks an important milestone in our mission to bring institutional-grade infrastructure to the digital asset ecosystem. As one of the world’s most trusted financial institutions, Standard Chartered brings deep expertise in cross-border banking, risk management, and custody. Their support strengthens our ability to meet the evolving needs of institutional investors, providing compliant and transparent access to the crypto market.”

So, this partnership signals a major step toward bridging traditional finance and digital asset markets, offering institutions a trusted pathway to participate in the growing crypto investment landscape.

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