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Standard Chartered Bank has become the latest major bank to enter the metaverse. The bank has acquired “virtual land at The Sandbox metaverse’s Mega City district, a culture hub based on or inspired by Hong Kong talents.” Standard Chartered Bank Forays Into the Metaverse Standard Chartered Bank announced Tuesday that its subsidiary,
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Ethereum has seen some optimistic price predictions this year. While a lot of analysts have erred on the conservative side, others have gone the route of being overly optimistic. With some putting the price of the altcoin at $20,000, like in the case of Real Vision founder Raoul Pal. But
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Industry experts see Tuesday’s crypto market plunge as a “false dip” while reiterating the $100,000 Bitcoin (BTC) price for the end of the year. In a new report by Standard Chartered’s cryptocurrency research unit, Bitcoin is predicted to hit $100,000 “in late 2021 or early 2022,” accompanied by a huge Ether
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A report published by the British bank Standard Chartered indicates the company’s analysts are bullish about the crypto asset ethereum. The bank’s analysts think that bitcoin could reach $175K and said “structurally, we ‘value’ ethereum at $26,000-$35,000.” British Bank Publishes ‘Ethereum Investor Guide,’ Formulates the Economic Case for Ethereum’ The British
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Standard Chartered, a United Kingdom-based multinational banking firm, has joined an alliance of fintech companies and banks aimed at accelerating the adoption of best practices of cryptocurrencies.In a Wednesday announcement, Standard Chartered said it would be joining crypto and digital finance industry membership body Global Digital Finance, or GDF, Patron
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United Kingdom-based multinational banking firm Standard Chartered (StanChart) has launched a blockchain-powered trade finance platform through a joint venture with Chinese supply chain finance technology provider Linklogis.Dubbed Olea, the platform will aim to meet the needs of institutional investors that are “seeking opportunities in an alternative asset class with businesses
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Zodia Custody is currently pending approval by the U.K.'s Financial Conduct Authority and is expected to launch in 2021. Source
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The proof-of-concept issuance of tokenized bonds was carried out on a blockchain platform built by Standard Chartered's fintech investment unit. Source
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The Travel Rule Protocol (TRP), a working group favored by banks and traditional financial institutions and focused on bringing crypto in line with global anti-money laundering (AML) standards, has released the first version of its API.Announced Thursday, the 25-member TRP working group, which includes Standard Chartered, ING Bank and Fidelity
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