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Banking Giant Standard Chartered’s Crypto Custodian in Talks for $50,000,000 Capital Raise: Report

Banking Giant Standard Chartered’s Crypto Custodian in Talks for ,000,000 Capital Raise: Report

A crypto custody business that’s majority-owned by the world’s 44th-largest bank is reportedly planning to raise more capital. Bloomberg reports that Zodia Custody Ltd, a subsidiary of Standard Chartered, is in talks to secure approximately $50 million in funding from investors. According to Zodia Custody chief executive Julian Sawyer, the capital raise will help fund […]

The post Banking Giant Standard Chartered’s Crypto Custodian in Talks for $50,000,000 Capital Raise: Report appeared first on The Daily Hodl.

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

Standard Chartered: Bitcoin Set to Hit $73K on US Election Day

Standard Chartered: Bitcoin Set to Hit K on US Election DayStandard Chartered forecasts bitcoin reaching $73,000 on Nov. 5, U.S. Election Day, with a potential year-end high of $125,000 if Republicans sweep Congress. Standard Chartered’s Election Day Forecast: BTC Set to Reach $73K Standard Chartered’s Global Head of Digital Assets Research, Geoff Kendrick, published a report last week outlining projected bitcoin price movements based on […]

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

Bitcoin Surge Looms as US Election Nears — Standard Chartered Predicts BTC Rally to $73,800

Bitcoin Surge Looms as US Election Nears — Standard Chartered Predicts BTC Rally to ,800Banking giant Standard Chartered is predicting a sharp rise in bitcoin’s value, with forecasts suggesting it could approach its all-time high of $73,800 as the U.S. presidential election nears. Rising Treasury yields, growing interest in bitcoin ETFs, and Trump’s improving election odds are key factors driving this potential rally, supported by increasing institutional inflows and […]

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

Standard Chartered Sees Buying Opportunity as Bitcoin Nears $60K Dip

Standard Chartered Sees Buying Opportunity as Bitcoin Nears K DipStandard Chartered has cautioned that bitcoin could drop below $60,000 due to rising geopolitical tensions in the Middle East. While the bank sees this as a buying opportunity, it also highlights the unique relationship between BTC’s price and the U.S. presidential race. Former President Donald Trump’s improving odds could enhance bitcoin’s long-term outlook, but a […]

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

Standard Chartered: Bitcoin Could Hit $125K Under Trump, $75K Under Harris

Standard Chartered: Bitcoin Could Hit 5K Under Trump, K Under HarrisStandard Chartered has reaffirmed its projection that bitcoin will hit new all-time highs by the end of 2024, regardless of the U.S. election outcome. The bank’s digital assets head predicts bitcoin could reach $125,000 under Trump or $75,000 under Harris, with temporary drops under a Harris presidency. Regulatory concerns loom, but other factors, like U.S. […]

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

Standard Chartered Launches Bitcoin and Ethereum Custody in UAE

Standard Chartered Launches Bitcoin and Ethereum Custody in UAEStandard Chartered has launched a digital asset custody service in the United Arab Emirates (UAE), licensed by the Dubai Financial Services Authority. The service aims to provide secure storage for digital assets, initially focusing on bitcoin and ethereum. Brevan Howard Digital is the first client, and the bank plans further expansion into additional digital assets. […]

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

Financial Giant Standard Chartered Announces New Digital Asset Custody Service in UAE

Financial Giant Standard Chartered Announces New Digital Asset Custody Service in UAE

Financial services behemoth Standard Chartered is launching a digital asset custody service in the United Arab Emirates following the approval of a license from local regulators. According to a new press release, Standard Chartered has selected the UAE for its product launch due to the region’s well-regarded approach to digital asset regulation and adoption. Says […]

The post Financial Giant Standard Chartered Announces New Digital Asset Custody Service in UAE appeared first on The Daily Hodl.

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

Standard Chartered, Animoca Brands, and HKT Join Forces on Hong Kong’s Stablecoin Sandbox

Standard Chartered, Animoca Brands, and HKT Join Forces on Hong Kong’s Stablecoin SandboxStandard Chartered Bank (Hong Kong) Ltd. (SCBHK), Animoca Brands, and Hong Kong Telecom (HKT) have united to participate in the Hong Kong Monetary Authority’s (HKMA) stablecoin issuer sandbox, announced in March. Leveraging Zodia Custody’s digital asset capabilities, the collaboration aims to promote sustainable and transparent growth in the digital asset market. Zodia is Standard Chartered’s […]

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

Standard Chartered Subsidiary Looking To Buy Billionaire-Backed Crypto Firm: Report

Standard Chartered Subsidiary Looking To Buy Billionaire-Backed Crypto Firm: Report

A crypto-focused subsidiary of British multinational bank Standard Chartered is reportedly interested in acquiring a digital asset business backed by billionaire hedge fund manager Alan Howard. Citing people with knowledge on the matter, Bloomberg reports that institutional digital asset trading firm Zodia Markets is in talks to buy crypto over-the-counter (OTC) desk Elwood Capital Management. […]

The post Standard Chartered Subsidiary Looking To Buy Billionaire-Backed Crypto Firm: Report appeared first on The Daily Hodl.

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

Standard Chartered’s Zodia Markets in Talks to Acquire Alan Howard-Backed Crypto Firm

Standard Chartered’s Zodia Markets in Talks to Acquire Alan Howard-Backed Crypto FirmStandard Chartered’s crypto subsidiary, Zodia Markets, is reportedly in advanced talks to acquire Elwood Capital Management, a digital-asset business backed by billionaire hedge fund manager Alan Howard. The acquisition, expected to be completed this month, will provide Zodia Markets with licenses as a virtual asset service provider and investment business in Jersey. This move aligns […]

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K