Standard Chartered rolls out custody solution with digital assets as collateral
Developed in partnership with GFO-X, the solution will enable clients to utilise crypto, tokenised money market funds and other digital assets as collateral for trading.
Developed in partnership with GFO-X, the solution will enable clients to utilise crypto, tokenised money market funds and other digital assets as collateral for trading.
Partnership aims to streamline withholding tax relief and reclaim processes across markets.
The initial phase of the project will focus on enhancing collateral management and settlement usability across Clearstream.
New solution aims to optimise investor outcomes and automate corporate action workflows.
Working with Chainlink, a consortium of 24 global institutions is testing AI and blockchain to turn fragmented corporate action data into real-time, verifiable records.
Partnership has been designed to accelerate the institutional adoption of the Canton Network ecosystem.
Investment supports development of Lise, which has applied for DLT market infrastructure approval under EU pilot regime.
The custodian will also provide its transaction banking services to underpin RLUSD’s operations.
The initiative focuses on extending Project DAMA 2 by exploring the use of explainable AI, machine learning, and large language models in tokenised fund servicing workflows.
Fund administrator says the deal aligns with broader trend of investors seeking solutions to integrate digital assets into their portfolios.