Digital Assets Corridor Falconx has announced A strategic association with the British multinational bank Standard Chartered To improve services for institutional customers.
In the first phase of the association, Standard Chartered will offer a range of banking and currency services (FX) to Falconx, helping to improve the platform capacity to handle cross -border payments. Over time, this association will expand to other offers and mutual opportunities, said the company.
When integrating the Banking Infrastructure of Standard Chartered, Falconx will now have access to more currency pairs, which makes cross -border transactions faster and more reliable for customers.
“We are pleased to associate with Standard Chartered, one of the most global banks with a vision of the future in the adoption of digital assets,” said Matt Long, general manager of APAC and the Middle East in Falconx. “In Falconx, we work with some of the world’s largest institutions in the digital asset space, and this association will allow us to provide even better bank solutions and FX to customers who need to operate in the cryptographic world.”
The association occurs shortly after the recent comments of Geoffrey Kendrick, head of Digital Assets Research at Standard Chartered, who apologized for its previous target price of Bitcoin of $ 120,000. Kendrick now believes that Bitcoin could overcome his initial prognosis due to the growing institutional demand. He highlighted $ 5.3 billion in recent tickets to the US Bitcoin ETF. UU., A sign of growing interest of large investors. Kendrick now expects Bitcoin to reach up to $ 200,000 for the end of the year.
“Our Association with Falconx shows our commitment to advance in the digital asset ecosystem,” said Standard Chartered’s Fintech head. “We are proud to provide the bank infrastructure that helps companies such as Falconx to offer world class trade and financing solutions to institutional clients.”
