Huoxing Finance reports that on September 3, according to Reuters, Standard Chartered announced the launch of spot trading services for Bitcoin and Ethereum for institutional clients in the UAE, becoming the first global systemically important bank (G-SIB) to offer such services in this Gulf nation. The service enables eligible institutional clients to execute deliverable spot trades in BTC and ETH through Standard Chartered’s existing electronic trading platforms, integrated with its foreign exchange trading interface for crypto asset transactions. This expansion builds on the bank’s digital asset custody business, following its launch of digital asset custody services in the UAE in September 2024 and its first provision of spot BTC and ETH trading to institutional clients via its UK division in July 2025. Standard Chartered stated that clients may choose their preferred custodian, including Standard Chartered’s own digital asset custody solution, for trade settlement.
Standard Chartered Launches Institutional Bitcoin and Ethereum Spot Trading in the UAE
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Summary
Standard Chartered has launched institutional spot trading for Bitcoin and Ethereum in the UAE, marking the first time a G-SIB has offered this service in the Gulf. Eligible clients can trade deliverable BTC and ETH through the bank’s electronic platforms and access its FX interface for crypto assets. This follows the bank’s digital asset custody launch in the UAE in September 2024 and its UK-based spot trading for BTC and ETH in July 2025. Initial trading activity has demonstrated strong interest from institutional buyers.
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