Standard Chartered | Crypto

Standard Chartered’s Hong Kong arm and Animoca Brands have launched a joint venture, Anchorpoint Financial, to develop a licensed Hong Kong dollar stablecoin. The Hong Kong subsidiary of major bank Standard Chartered has partnered with Web3 software company Animoca Brands to develop a Hong Kong-dollar stablecoin. According to a Friday announcement from Animoca Brands, the two companies jointly established Anchorpoint Financial Limited in Hong Kong to apply for a local stablecoin issuer license. The shared subsidiary will be tasked with building a business model focused on issuing and advancing licensed stablecoins. Per the announcement, Anchorpoint Financial already indicated formal interest in obtaining a stablecoin license with the Hong Kong Monetary Authority on Aug. 1. This followed the regulator’s implementation of its new stablecoin framework through a six-month transition period with special rules. Read more

Corporations have accumulated 1% of all Ether since June, with Standard Chartered forecasting 10% ownership as institutional appetite for ETH continues to grow. Corporations are buying Ether at a faster pace than Bitcoin, signaling a shift in institutional interest toward the world’s second-largest cryptocurrency as it prepares to celebrate its 10th anniversary, according to a new report from Standard Chartered shared with Cointelegraph. Corporate cryptocurrency treasury firms have bought up 1% of the total Ether (ETH) supply since the beginning of June, the bank said in a Tuesday research report. Over the same period, Ether-focused treasury firms have doubled the pace of investments compared to their Bitcoin (BTC)-focused counterparts, helping ETH outperform Bitcoin’s price action, the report said. Read more

Standard Chartered has launched spot trading for Bitcoin (BTC) and Ethereum (ETH) through its institutional crypto platform, expanding its presence in digital assets just as U.S. regulatory and investor attention turns sharply toward stablecoins. The launch follows a series of high-level meetings across Washington, New York, and Boston, where Geoffrey Kendrick, the bank’s Head of […] The post Standard Chartered expands crypto footprint amid stablecoin market boom appeared first on CryptoSlate.

The Bitcoin halving cycle is unlikely to hurt the BTC price in the second half of 2025 due to strong ETF and corporate buying, Standard Chartered forecasts. Global bank Standard Chartered is bullish on Bitcoin for the rest of the year, citing increasing corporate treasury buying and strong exchange-traded fund (ETF) inflows. Standard Chartered expects Bitcoin (BTC) to print new highs of $135,000 by the end of the third quarter and then break $200,000 by the end of the year, the bank’s digital asset research head, Geoff Kendrick, said in a Wednesday report shared with Cointelegraph. “Thanks to increased investor flows, we believe BTC has moved beyond the previous dynamic whereby prices fell 18 months after a ‘halving’ cycle,” Kendrick said, adding that the common halving trend would have led to price declines in September or October 2025. Read more

Standard Chartered projected that tokenization of real-world assets (RWAs) beyond stablecoins could accelerate significantly over the next five years, driven by regulatory progress and a sharper focus on high-impact use cases, according to a June 20 report shared with CryptoSlate. The bank’s report, titled “RWA Tokenisation — A Growth Opportunity,” highlighted that while stablecoins remain […] The post Standard Chartered forecasts surge tokenizing real-world assets beyond stablecoins appeared first on CryptoSlate.

Standard Chartered’s latest report warns that Solana may be a “one-trick pony,” with memecoin trading dominating its usage and now in decline. Layer-1 blockchain Solana may be evolving into a “one-trick pony” for memecoin generation and trading, according to a recent Standard Chartered report. According to a May 27 Standard Chartered research report shared with Cointelegraph, Solana “dominates in areas that demand high-volume, low-transaction-cost solutions” due to its design prioritizing fast and cheap transaction confirmation. The report suggested that this has had an unintended consequence: Standard Chartered said the memecoin frenzy served as a stress test for Solana’s scalability but came with drawbacks due to the volatility and speculative nature of such assets. As memecoin trading volumes decline, the bank warned that Solana may struggle to maintain momentum. Read more