# Standard Chartered plans crypto custody in Singapore Author: Abdullah Özkurt Language: English Published: 2026-10-09T18:02:41+03:00 Updated: 2026-10-09T18:02:41+03:00 ![A digital asset custody concept with the Standard Chartered emblem and secure metal cabinets](https://kriptometa.com/uploads/standard-chartered-singapur-da-kripto-saklamaya-hazirlaniyor-696e8ef229d7_article.webp) ## Key takeaways - The Singapore plan was announced on October 8, without a launch date. - Selected crypto assets, stablecoins and tokenized real-world assets will be covered. - The service remains subject to applicable regulatory requirements. The plan covers institutional clients and accredited investor corporate clients. The bank aims to combine digital asset custody with its existing securities and financing services. Standard Chartered is preparing to offer digital asset custody to institutional clients in Singapore. In its [October 8 announcement](https://www.sc.com/en/press-release/standard-chartered-advances-into-digital-asset-custody-offering-in-singapore/), the bank’s local subsidiary said the plan covers selected crypto assets, stablecoins and [tokenized real-world assets](https://kriptometa.com/en/glossary/rwa-tokenization). It has not announced when the service will open. The target clients are institutions and accredited investor corporate clients. The announcement does not describe a retail product. The bank says the service is subject to applicable regulatory requirements; it does not report that all Singapore approvals have been obtained or that customer onboarding has begun. The list of supported coins and networks, fees and minimum balances has not been published. The scope of the bank’s products in other countries does not establish the terms of its planned Singapore service. ## Connecting custody, trading and financing [Crypto custody](https://kriptometa.com/en/glossary/custodial-non-custodial-wallet) focuses on safeguarding assets for clients and managing authority over transfers. Trading services enable customers to transact in a market. In Singapore, Standard Chartered aims to offer custody alongside its existing securities services, tokenization and financing activities. The bank’s [official video dated June 18, 2026](https://www.youtube.com/watch?v=gosQDAfwgXk) describes holding digital and traditional assets within the same service framework. It explains the integration of custody with tokenization, collateral and financing. The video is an overview of the bank’s institutional custody model, published before the Singapore announcement. The UK branch provides an existing example of its trading services. Standard Chartered [announced the launch of institutional Bitcoin and Ether spot trading on July 15, 2025](https://www.sc.com/en/press-release/standard-chartered-launches-digital-assets-trading-for-institutional-clients/). According to that announcement, clients can use existing foreign-exchange trading interfaces and settle transactions with their chosen custodian, including Standard Chartered. The inclusion of Bitcoin and Ether in the UK service does not confirm that both assets will be supported in Singapore. The new announcement refers to “selected” crypto assets without naming them. ## The TP ICAP agreement covers custody and settlement The bank’s [March 4, 2026 announcement about TP ICAP](https://www.sc.com/en/press-release/standard-chartered-appointed-as-digital-asset-custodian-for-tp-icaps-fusion-digital-assets/) provides another example of custody and post-trade settlement being offered together. Standard Chartered was appointed as custodian and settlement agent for TP ICAP’s Fusion Digital Assets platform. The arrangement expanded a collaboration that began in October 2024. Shared clients are to gain access to the bank’s custody infrastructure and Fusion’s UK spot crypto marketplace. Its operator, TP ICAP E&C Limited, is registered with the FCA for crypto asset activities. TP ICAP executive Duncan Trenholme said the agreement enabled the firm to settle blockchain assets through its own accounts for the first time. The Singapore plan would add to the bank’s [digital asset custody presence](https://kriptometa.com/en/news/web3-technology) in the United Arab Emirates, Luxembourg and Hong Kong.