Standard Chartered Bank partners with Coinbase to expand its cryptocurrency prime brokerage business for institutions.

Mars Finance reported on December 12th, citing CoinDesk, that cryptocurrency exchange Coinbase and crypto-friendly Standard Chartered Bank announced an expansion of their collaboration in the digital asset space. They will jointly explore the development of products for institutional clients, including trading, prime brokerage services, custody, staking, and lending. This collaboration builds on their existing partnership in Singapore. In this partnership, Standard Chartered Bank will provide Coinbase clients with banking connectivity services, enabling them to conduct real-time transfers of Singapore dollars.