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24X Expands Standard Chartered Cooperation to Bitcoin and Ether Trading

The expanded prime brokerage cooperation adds digital assets to an arrangement covering spot foreign exchange, FX swaps and metals.

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Two unmarked metal tokens rest beside a brass settlement window / TokenPost.ai
Two unmarked metal tokens rest beside a brass settlement window / TokenPost.ai

24X Bermuda, an institutional trading platform, is adding Bitcoin (BTC) and Ether (ETH) to its prime brokerage cooperation with Standard Chartered, giving institutional clients access through its multi-asset platform.

Before the expansion, the firms’ arrangement covered spot foreign exchange, FX swaps and metals. The change brings digital assets into those prime brokerage services.

In 24X’s first batch of crypto spot trades, Standard Chartered sought liquidity, while Cumberland DRW and Wintermute supplied it.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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