#institutional-crypto

#institutional-crypto

Standard Chartered and B2C2, a global provider of institutional liquidity for digital assets, announced a strategic partnership in hopes of improving institutional access to crypto markets. The collaboration brings together Standard Chartered's global banking infrastructure with B2C2's liquidity across spot and options trading, according to a note shared with Bitcoin Magazine. Under the agreement, B2C2 will provide its institutional clients like asset managers, hedge funds, corporates, and family offices with direct connectivity and liquidity access to Standard Chartered's banking network and settlement services.

The platform, developed in collaboration with crypto wallet provider Dfns, combines IBM's infrastructure and security expertise with Dfns' institutional-grade custody and wallet technology. At its core, Digital Asset Haven wants to simplify what has long been a tricky and complex landscape for institutions. Many banks and governments have been cautious about crypto because it involves multiple blockchains, regulatory hurdles, and security risks. IBM's platform wants to change this and consolidate these moving parts, offering a single solution.