Standard Chartered launches Bitcoin and Ether trading for institutions

After rolling out Bitcoin and Ether spot trading, Standard Chartered plans to soon introduce crypto derivatives for institutional investors.

Multinational bank Standard Chartered has launched a new trading service allowing institutions and corporations to trade major cryptocurrencies.

Standard Chartered is rolling out spot trading for Bitcoin (BTC) and Ether (ETH) through its UK branch, the company said in a statement shared with Cointelegraph on Tuesday.

Following the spot trading launch, the bank plans to expand the offering soon with crypto non-deliverable forwards (NDFs), or two-party derivatives contracts.

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