Ripple published a whitepaper outlining a "Digital Prime Broker" model that positions XRP as a central liquidity and settlement asset for institutional clients. The plan aims to streamline custody, compliance and on‑ramps for large traders.
Standard Chartered is preparing to offer a crypto prime brokerage aimed at institutional clients, leveraging its roughly $850 billion in assets. The move underscores growing bank-led infrastructure for institutional crypto access.
Standard Chartered and Coinbase announced a collaboration to build institutional-grade trading, prime brokerage, custody, staking, and lending solutions. The partnership blends Standard Chartered’s global client reach with Coinbase’s crypto infrastructure to target banks, asset managers, and hedge funds.