Standard Chartered Bolsters Digital Asset Capabilities for TP ICAP

TP ICAP has announced a significant development in its digital asset strategy, appointing Standard Chartered as the digital asset custodian and settlement agent for its Fusion Digital Assets platform. This move will enable TP ICAP to expand its matched-principal trading in spot crypto assets, marking a major operational step for both firms.

The partnership between Standard Chartered and TP ICAP is expected to deepen their collaboration first announced in October 2024. As part of the arrangement, shared clients can access Standard Chartered's regulated digital asset custody services alongside Fusion Digital Assets' trading infrastructure.