Falconx, a digital asset of digital assets, said on Wednesday that she had entered into a strategic partnership with Standard Chartered to expand banking and settlement capabilities of its global customer base.
In the initial phase of the partnership, Standard Charterd Falconx will provide “a comprehensive set of banking services”, including access to a wide range of currency pairs and the improved cross -border settlement.
Falconx will also integrate Standard Charged banking infrastructure.
Integration is expected to improve the speed, size and reliability of Falconx services for institutional customers.
“We are pleased to share with Standard Charterd, one of the most international banks of digital assets in the adoption of digital assets,” said Matt Long, General Manager of APAC & Middle East at Falconx. “This relationship enhances our ability to provide strong banking solutions and FX for customers who rely on us to work in the encryption markets.”
The partnership is expected to develop beyond banking services to include new products and services for asset managers, hedge funds, a distinctive symbol source and payment platforms.
“”Our cooperation with Falconx confirms our commitment to progress in the ecosystem of digital assets.
“With the continued growth of institutional demand for digital assets, we are proud to provide banking infrastructure that enable companies such as Falconx to provide trading and financing solutions on a global level to institutional customers“