CryptoBriefing and Fintech News Singapore disagree on whether Standard Chartered's digital asset custody is already operating in the UAE, Luxembourg, and Hong Kong, or is still due to launch there.
What all sources agree on
- Standard Chartered is adding/planning digital asset custody services in Singapore.
- The bank has backed or has ties to Zodia Custody.
- The Singapore service is linked to the bank's Financing and Securities Services / Financing & Securities Services business.
- The service targets institutional clients.
Where the reports disagree
1Status of UAE, Luxembourg, and Hong Kong custody operations
Services are set to be offered from other key financial hubs, including the UAE, Luxembourg, and Hong Kong, by mid-2026.
Standard Chartered already has digital asset custody operations in the UAE, Luxembourg and Hong Kong.
What would settle it: Standard Chartered's own corporate statement or regulatory filings confirming operational status of custody services in the UAE, Luxembourg, and Hong Kong.
What to make of it
Treat the Singapore custody launch and the Zodia Custody connection as established, but do not assume the UAE, Luxembourg, and Hong Kong operations are either already running or merely planned until Standard Chartered clarifies the current status directly.
Treat the Singapore custody launch and the Zodia Custody connection as established, but do not assume the UAE, Luxembourg, and Hong Kong operations are either already running or merely planned until Standard Chartered clarifies the current status directly.