Coinbase Expands Institutional Crypto Services With Standard Chartered Partnership

Coinbase has expanded its partnership with Standard Chartered to improve multi currency funding options for institutional clients, aiming to make global crypto trading more efficient.

The partnership introduces new funding rails for major currencies, including AUD, SGD, CAD and CHF, while also adding globally backed settlement support for EUR and GBP. The service will be available through Coinbase Prime and Coinbase Exchange, helping institutional investors manage trading activity across multiple markets without facing unnecessary foreign exchange barriers.

Institutional Crypto Trading Gets More Flexible

As digital asset markets grow, institutions are increasingly managing complex strategies involving spot trading, derivatives and financing. Coinbase said the latest move is designed to reduce FX friction, improve capital allocation and allow firms to operate global portfolios more smoothly.

The company noted that institutional clients will be able to move capital more efficiently using banking infrastructure supported by a Global Systemically Important Bank. However, the feature is currently unavailable for Coinbase Prime Trading clients in the European Union.

Coinbase Relaunches Direct Deposit in the US

Coinbase also relaunched Direct Deposit for US customers, allowing users to automatically invest part of their salary into crypto assets, including USDC, without trading fees.