Standard Chartered Launches Bitcoin and Ethereum Spot Trading

Standard Chartered Bank’s UK branch launched Bitcoin and Ethereum spot trading services for institutional clients on July 15, according to Reuters.

The introduction of these services highlights the bank’s efforts to cater to increasing institutional demand for digital assets, signifying potential shifts in the financial landscape.

Standard Chartered Launches Bitcoin and Ethereum Spot Trading

Standard Chartered UK’s recent initiative allows institutional clients to trade Bitcoin and Ethereum through a familiar foreign exchange interface. The bank plans to expand its offerings with non-deliverable forward trading. Such developments highlight the growing institutional interest in crypto assets. Institutional clients, including corporations and asset managers, are now able to navigate digital asset trading more efficiently.

The move by Standard Chartered marks a significant change, positioning the bank as the first global systemically important bank to offer direct spot trading of Bitcoin and Ethereum. This underscores the evolving landscape of traditional banking, indicating a potential bridge between conventional financial systems and digital currencies.

“Our new services enable institutional clients—including corporations, investors, and asset managers—to trade digital assets through a familiar FX interface.” – Geoff Kendrick, Global Head of Digital Assets Research, Standard Chartered Bank.

Geoff Kendrick, Standard Chartered’s Global Head of Digital Assets Research, has emphasized the bank’s bullish outlook on Bitcoin, predicting its price could reach $200,000 by the end of Q4. Industry reactions remain optimistic, underlining the strategic significance of this launch.

Bitcoin’s Price Forecast and Regulatory Implications

Did you know? In July 2025, Standard Chartered became the first global systemically important bank to launch direct Bitcoin and Ethereum spot trading, a move that could accelerate mainstream crypto adoption.

Bitcoin (BTC) is currently valued at $116,767.90, with a market cap of $2.32 trillion, representing a 63.32% market dominance. Over the past 24 hours, trading volume reached $147.39 billion, showing a 42.50% increase, while BTC’s price adjusted down by 5.02%. The asset’s 90-day surge is notable at 40.07%, as per CoinMarketCap.

Coincu analysts suggest Standard Chartered’s entry into crypto spot services could influence regulatory perspectives on digital assets. Aligning traditional finance with crypto could lead to enhanced compliance frameworks and technological innovations, fostering a secure trading environment.