TradFi Develops Blockchain Foundations, Transforming International Financial Systems
- Traditional banks like Standard Chartered and Citi expand crypto custody services, partnering with firms like 21Shares to integrate digital assets into core infrastructure. - Strategic moves include Standard Chartered consolidating custody under its parent bank and Citi enhancing fiat-stablecoin transaction capabilities with Coinbase . - Regulatory developments, such as Japan's proposed reserve rules for exchanges , and $4.65B Q3 2025 crypto VC funding highlight sector maturation and institutional adopti
Established financial institutions are ramping up their involvement in the cryptocurrency industry, as evidenced by 21Shares appointing Standard Chartered to safeguard its digital assets. This decision highlights the increasing impact of traditional finance on crypto infrastructure. The Swiss asset management firm, which had previously worked with Zodia Custody—a crypto-focused arm of Standard Chartered—now appears to be centralizing its custody operations within the bank’s larger structure.
21Shares, known for its crypto exchange-traded products, pointed to Standard Chartered’s strengths in international banking and risk oversight as major benefits.
This transition brings up questions about the future of Zodia Custody. As a fully owned subsidiary of Standard Chartered since 2020, Zodia had previously managed 21Shares’ assets, indicating the bank’s earlier intent to keep direct crypto exposure at arm’s length. However,
Investment patterns also reflect the industry’s transformation.
As banks and regulators continue to adapt their strategies, the crypto sector stands at a pivotal point. With institutions like Standard Chartered and Citi weaving digital assets into their main services, the boundaries between traditional finance and crypto are becoming less distinct—a transformation that could reshape the global financial system.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
U.S. Banks Finally Secure Approval to Hold Ethereum as Crypto Demand Surges
Quick Take Summary is AI generated, newsroom reviewed. Regulators approved US banks holding Ethereum, marking a major shift in digital asset integration. Client demand for regulated crypto custody continues to rise across major banks. The approval boosts institutional crypto adoption and expands investment opportunities. Ethereum gains long-term strength as Ethereum market demand grows with banking involvement.References BULLISH: 🇺🇸 U.S. banks now have permission to hold Ethereum!
XRP News Today: Institutional Confidence Meets Market Uncertainty as XRP ETFs Undergo Key Evaluation
- U.S. spot XRP ETFs from Bitwise, 21Shares, Franklin Templeton, and Grayscale mark regulatory progress but face mixed market reactions amid price declines. - XRP dropped 7% below $2 post-launch, driven by whale selling (200M XRP sold in 48 hours) and broader crypto weakness, testing critical support levels. - ETFs aim to bridge traditional and crypto markets with 0.34%-0.5% fees, yet volatility persists as 41.5% of XRP supply now in loss positions. - Analysts highlight $2.195 as a key technical threshold;
Cardano Latest Updates: Partition Issue and Derivatives Market Tension Raise Concerns Over Sudden Price Drop
- Cardano's partition bug disrupted block production, forcing node upgrades and triggering ADA's 3% drop below $0.40 amid network instability fears. - Derivatives markets show $91M in short leverage vs. $11.5M longs, raising flash crash risks to $0.31 as ADA slippage costs a whale $6M during swaps. - Bitcoin's ETF outflows and hedge fund shorting amplify crypto fragility, with daily liquidations hitting $400–500M and ADA's $0.40 threshold under critical pressure. - IOG's disaster recovery protocols aim to
Bitcoin News Update: Institutions Take Advantage of Bitcoin Pullbacks as Selling Pressure Wanes
- Bitcoin's 35% price plunge triggered $900M+ daily losses for short-term holders, marking a record capitulation event since the 2022 FTX collapse. - Macroeconomic uncertainty and Fed rate cut speculation (69% priced in derivatives) intensified volatility amid $3.79B ETF outflows in November. - On-chain data shows exhausted selling pressure, with stabilization above $85,204 support and analysts noting 91% probability of avoiding further declines. - Institutional buyers like Harvard and Japan's Metaplanet a
Trending news
MoreCrypto prices
More
