Anchorage Digital expands USD accounts and SWIFT access through Standard Chartered

Anchorage Digital is expanding its banking services for international institutional clients through a partnership with Standard Chartered, adding USD accounts and access to SWIFT payments alongside its existing crypto custody and trading products. Eligible clients onboarded through Anchorage Digital Singapore can now hold US dollars, send and receive international wires and move funds to and from third parties through Standard Chartered’s banking infrastructure. The offering also gives clients access to 24/7 settlement with counterparties that bank with Standard Chartered Singapore, including on weekends and holidays. The expansion is designed to bring fiat and digital asset operations into the same platform rather than requiring institutions to use separate providers for banking, custody, trading and settlement. Clients can access institutional USD accounts, named virtual accounts with unique routing details, SWIFT transfers and Anchorage Digital’s Atlas settlement network alongside the firm’s digital asset custody and trading services. “Global businesses should not have to choose between the speed of digital assets and the reliability of traditional banking rails,” Anchorage Digi...