Standard Chartered and inter-dealer broker TP ICAP have announced plans for a partnership to integrate their digital assets services. This strategic collaboration aims to provide clients with enhanced access to cutting-edge digital asset solutions, combining Standard Chartered’s innovative custody product with TP ICAP’s Fusion Digital Assets, a UK-based spot crypto asset exchange.
This partnership allows Standard Chartered’s custody clients to benefit from TP ICAP’s competitive pricing and liquidity in key digital assets, including Bitcoin and Ethereum, available through TP ICAP’s wholesale exchange. Conversely, TP ICAP clients will gain seamless connectivity to Standard Chartered’s digital asset custody service, expanding the network of custodians linked to Fusion Digital Assets.
Standard Chartered & TP ICAP New Partnership!
Also, Margaret Harwood-Jones, Global Head of Financing & Securities Services at Standard Chartered, expressed enthusiasm for the collaboration: “We are proud to announce our collaboration on digital assets with TP ICAP. We continue to set new standards in the digital asset ecosystem with our partners, and this collaboration highlights our dedication to providing cutting-edge services that meet the evolving needs of our clients.”
The alliance marks a significant step forward for institutional traders and investors, offering a secure, regulated environment for digital asset activities. It reflects a mutual commitment to fostering innovation and trust in the future financial markets.
Duncan Trenholme, Managing Director and Global Co-Head of Digital Assets at TP ICAP added, “Clients have been clear with us since the creation of Fusion Digital Assets that they wanted us to build an institutional-quality environment. Today’s announcement with Standard Chartered sets a new benchmark in the industry, enhancing our existing operating model with connectivity to a leading international cross-border bank.”
So, this partnership promises to redefine the digital asset space, combining robust custodial offerings with institutional-grade market operations.
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