London-based Standard Chartered plans to offer custody in Singapore for selected cryptocurrencies, stablecoins, and tokenized real-world assets to institutional clients and accredited investor corporate clients, subject to regulatory approvals.

The service will sit within the bank’s financing and securities services business.

The expansion builds on Standard Chartered’s digital-asset operations in the United Arab Emirates and Hong Kong.

It also follows the bank’s May agreement to acquire the rest of Zodia Custody and its Dubai launch last month of institutional spot bitcoin and ether trading.

The bank did not disclose which assets it would support or when it would launch the service.

The Monetary Authority of Singapore (MAS) finalized its stablecoin framework in 2023, but implementation legislation was still in draft form in September 2026.

Qualifying fiat-backed stablecoins must meet rules on reserves, redemption, and disclosures to gain MAS-regulated status.

That does not indicate which tokens Standard Chartered may support.

Singapore is also promoting institutional tokenization through MAS’s Project Guardian, focused on asset tokenization and a framework for tokenized financial assets.

🔗 Source: CoinDesk

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