CoinDesk quoted Luke Davis in its coverage of Standard Chartered bringing institutional Bitcoin and ether spot trading to its existing foreign-exchange platform in the UAE.
Luke highlighted the bank's established client relationships as an important distribution advantage. He also drew a distinction between launching spot trading and offering the broader service institutional clients may need. Derivatives, reliable liquidity and execution across a market that trades around the clock would matter to the bank's ability to attract more business.
The full article examines the launch and its implications for competition with crypto-native providers.
