StanChart and LMAX execute first live digital asset prime brokerage trades
Standard Chartered plc (LON:STAN) has announced that it has executed the first digital asset prime brokerage trades with LMAX Group, marking a significant milestone in the development of institutional digital asset market infrastructure. The pilot transactions demonstrate a bank-grade digital asset intermediation model for Spot Bitcoin (XBT/USD) and Ether (XET/USD), with T+1 settlement through StanChart’s…