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Standard Chartered Expands Prime Brokerage Partnership With 24X for BTC and ETH

(5 hours ago) · 1 source · Summarized by CryptoBipto

Standard Chartered has expanded its prime brokerage partnership with digital asset firm 24X to include Bitcoin and Ethereum. The move extends the bank's existing relationship with 24X into the two largest cryptocurrencies by market capitalization.

WHY IT MATTERS

Prime brokerage is a term from traditional finance that describes a package of services big banks offer to large investors, such as hedge funds.

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SOURCES

  • newsbtc.com

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