Standard Chartered has announced support for SOLOWIN HOLDINGS (AXG), a regulated fintech and securities brokerage firm.
According to the companies, the initiative is the first institutional custody of crypto assets in Hong Kong offered by a Global Systemically Important Bank (G-SIB).
The offering is intended for professional investors and financial institutions, said to align with the region’s foundations of trust, compliance, and institutional standards on asset protection, segregation, and operational resilience.
Standard Chartered is leveraging its established infrastructure in the custody framework, along with its risk management capabilities and digital asset knowledge.
Speaking on the initiative, Mary Huen, CEO, Hong Kong and Greater China & North Asia, Standard Chartered, says: “This milestone reflects the progress Hong Kong is making in building a robust and well‑regulated digital asset environment, and underscores the importance of collaboration between banks, clients, regulators and the wider ecosystem in bringing institutional use cases to life.
Dr Thomas Zhu, co-founder and CEO of AXG, believes that Standard Chartered’s “deep experience in custody, risk management and regulatory engagement has given us the confidence to move forward in a complex and fast‑evolving market”.
Margaret Harwood-Jones, global head of Financing & Securities Services, Standard Chartered, adds: “This market‑first initiative with AXG demonstrates how institutional‑grade custody, built to high standards of asset protection, governance and operational resilience, can support the safe participation of regulated institutions in the digital asset market.”
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