Digital asset broker Falconx He has Declare A strategic partnership with the British multinational bank Carted Standard To enhance services for institutional customers.
In the first phase of the partnership, Standard Charted will provide a set of bank exchange services (FX) to Falconx, which helps to improve the platform’s ability to deal with cross -border payments. Over time, this partnership will expand to other offers and mutual opportunities, according to the company.
By integrating the Standard Charted banking infrastructure, Falconx will get access to more currency pairs, making the cross -border transactions faster and more reliable for customers.
“We are pleased to share with Standard Charged, one of the most international banks of digital assets in adopting digital assets,” said Matt Long, General Manager of APAC & Middle East at Falconx. “In Falconx, we work with some of the world’s largest institutions in the area of digital assets, and this partnership will allow us to provide better banking solutions and FX for customers who need to work in the world of encryption.”
The partnership comes shortly after the recent comments from Jeffrey Kendrick, head of digital asset research in Standard Chartard, who apologized for the previous Bitcoin price of $ 120,000. Kendrick now believes that Bitcoin can exceed its initial expectations due to the increasing institutional demand. He has highlighted $ 5.3 billion in recent flows to Etfs Bitcoin, a sign of increasing attention from big investors. Kendrick now expects Bitcoin to reach up to $ 200,000 by the end of the year.
“Our partnership with Falconx shows our commitment to progress in the ecosystem of digital assets,” said Luc Boland, head of Fintech at Standard Charged. “We are proud to provide banking infrastructure that helps companies such as Falconx to provide global trading and financing solutions to institutional customers.”
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