STANDARD CHARTERED LAUNCHES CRYPTO PRIME BROKERAGE

Standard Chartered is rolling out a crypto prime brokerage for hedge funds and asset managers under its venture arm, SC Ventures, Bloomberg reports.

U.S. banks are also expanding: JPMorgan explores crypto trading for clients, and Morgan Stanley filed for Bitcoin, Ether, and Solana ETFs.

With $140B in spot crypto ETFs now active, prime brokerage infrastructure is in high demand.

Bitcoin is consolidating around $92K as institutional adoption grows.