Standard Chartered appointed LMAX Group’s digital asset custodian
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Standard Chartered appointed LMAX Group’s digital asset custodian 16 September 2026UK, Luxembourg, Dubai Reporter: Madison Hendrickson
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Standard Chartered has been appointed as LMAX Group’s digital asset custodian through its DFSA-regulated Dubai International Financial Centre (DIFC) Branch and Standard Chartered Luxembourg.
LMAX Group is the first client to join Standard Chartered Luxembourg’s digital asset custody platform following the bank’s Markets in Crypto-Assets (MiCA) authorisation in June 2026, according to the firm.
Under the expanded partnership across custody and settlement, Standard Chartered explains it will provide secure digital asset custody services to support LMAX Group’s expanding institutional client base across the Middle East and Europe.
Ole Matthiessen, global head, transaction services and digital assets Standard Chartered, says: “As institutional clients continue to scale their digital asset businesses, they need trusted infrastructure that can operate seamlessly across markets and regulatory regimes.
“By combining bank-grade custody in DIFC and Luxembourg with our broader trading and prime brokerage capabilities, Standard Chartered is helping to shape a connected, institutionalised digital asset ecosystem.”
Speaking on Standard Charter’s MiCA authorisation, Margaret Harwood-Jones, chair of the board, Standard Chartered Luxembourg, adds: “This milestone demonstrates the growing demand for trusted, bank-grade digital asset infrastructure operating within a clear regulatory framework.”
David Mercer, CEO, LMAX Group, furthers: “Standard Chartered is establishing itself as one of the leading banking partners for the institutional digital asset market. Following our successful collaboration in digital asset prime brokerage, this expanded custody partnership represents a natural next step.”
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