Standard Chartered Bank’s innovation department plans to launch a cryptocurrency custody solution, which will be piloted as soon as this year

According to CoinDesk, the innovation department of Standard Chartered Bank has been developing cryptocurrency custody products for the institutional market, and the first pilot may be launched later this year. Alex Manson, head of SC Ventures, said that the company is building the most secure crypto asset custody solution on the market. SC Ventures is headquartered in Singapore and is the innovation platform of Standard Chartered Bank in the UK.