Partnership between Standard Chartered Bank Logo and Digital Asset Brokerage Falconx
Digital Asset Broker Falconx announced a strategic partnership with UK multinational banking standards, which aims to enhance the service of institutional clients.
During the first phase of the partnership, standard charter flights will provide Falconx with a range of banking and forex (FX) services, helping to improve the platform’s ability to process cross-border payments. The company said that over time, this partnership will expand to other products and shared opportunities.
By integrating the standard Chartered banking infrastructure, Falconx will now have access to more currency pairs, making cross-border transactions faster and more reliable for customers.
Matt Long, general manager of Falconx Apac & Middle East, said: “We are delighted to work with Matt Long, general manager of Falconx Apac & Middle East, which is one of the most visionary global banks. “At Falconx, we work with some of the world’s largest institutions in the digital asset space, this partnership will allow us to provide better banking and FX solutions for customers who need to operate in the cryptocurrency world.” ”
The partnership soon followed a $120,000 target for his early Bitcoin price target after a recent comment by Geoffrey Kendrick, head of digital assets research at Standard Chartered. Kendrick now believes that Bitcoin can surpass his initial forecasts due to the growing institutional demand. He highlighted the recent $5.3 billion flow into U.S. Bitcoin ETFs, which shows the growing interest of large investors. Kendrick now expects Bitcoin to reach $200,000 by the end of this year.
“Our partnership with Falconx demonstrates our commitment to advancing the digital asset ecosystem,” said Luke Boland, head of Standard Chartered Fintech. “We are proud to provide banking infrastructure that can help companies such as Falconx provide world-class transaction and financing solutions to institutional clients.”
