Standard Chartered, Philippines Bank Issue $187M Blockchain Bond
The proof-of-concept issuance of tokenized bonds was carried out on a blockchain platform built by Standard Chartered's fintech investment unit.
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Standard Chartered Bank has become the latest major bank to enter the metaverse. The bank has acquired “virtual land at The Sandbox metaverse’s Mega City district, a culture hub based on or inspired by Hong Kong talents.”
Standard Chartered Bank Forays Into the Metaverse
Standard Chartered Bank announced Tuesday that its subsidiary, Standard Chartered Bank (Hong Kong) Ltd. (SCBHK), has partnered with The Sandbox, a popular blockchain virtual gaming platform, “to create [a] metaverse experience.”
Standard Chartered is a leading global....
Major banking corporation Standard Chartered is launching a cryptocurrency exchange and brokerage service, giving its clients access to cryptocurrencies, such as bitcoin and ether. Standard Chartered joins a growing list of major banks worldwide that have embraced cryptocurrency. Standard Chartered Bank Diving Into Crypto Standard Chartered PLC (STAN.L) said Wednesday that the bank’s innovation arm, SC Ventures, will establish a cryptocurrency brokerage and exchange platform. The new exchange will be a joint venture between SC Ventures and BC Technology Group (0863.HK), a Hong....
Standard Chartered and OKX have announced a partnership expansion into Europe, bringing bank-backed crypto custody to institutions in the bloc. Standard Chartered & OKX Expand Crypto Partnership To EEA As revealed in a press release, OKX is expanding its partnership with Standard Chartered. The two first came together in April to launch a first-of-its-kind collateral […]
Major global bank Standard Chartered has announced a partnership with DCS to provide stablecoin settlements to DeCard users. Standard Chartered Has Partnered Up With DCS On Stablecoins As revealed in a press release, Standard Chartered is collaborating with DCS Card Center as the banking partner for DeCard, a credit card that enables users to make […]
Tapping blockchain technology, London-based multinational banking and financial institution Standard Chartered has announced the completion of its first cross-border real-time payment. Standard Chartered is the latest bank to successfully implement a blockchain solution for the payments. As with many banks pulling off the feat for business transactions, Standard Chartered used Fintech startup Ripple’s enterprise blockchain platform. In this endeavor, the pilot saw a transaction ping over to an unnamed “major correspondent bank” to see the transaction complete in less than 10 seconds. This....