Standard Chartered (Stan) will provide bank services for Falconx to improve cross -border settlement



Standard Chartered (Stan) is now providing banking services for the Falconx Institutional Primo Corridor.

The San Mateo headquarters, California, will access a variety of currency couples, helping to improve the speed and reliability of its cross -border liquidation, Falconx said in an announcement on Wednesday.

Main runners are an important gear in financial markets, which provide financing, trade and custody services to large institutions.

Falconx is trying to close the gap between traditional finances and cryptocurrency when taking his service to level one that he would find in a traditional institution.

The main corridor also plans to use the Banking support of Standard Chartered as an entrance door to other products and services that would attract institutional customers, such as asset administrators, coverage funds, tokens issuers and payment platforms.

Standard Chartered already has its foot firmly at the door of the cryptographic industry as the majority shareholder of Custody of Digital Assets Zodia and its Zodia exchange markets.

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