365Crypto
Banks Move Deeper Into Crypto Plumbing
Standard Chartered is exploring a crypto prime brokerage platform as banks race to build serious digital asset infrastructure.
The plan sits inside SC Ventures and remains early, with no launch date locked yet for traders watching closely.
Trading Desks Replace Test Balloons
The bank already lets institutions trade major cryptocurrencies, which signals intent beyond small pilot programs.
Prime brokerage would add custody, trading, and liquidity services under one roof for large investors.
Wall Street Sends Clear Signals
Morgan Stanley recently filed for another crypto ETF, while Bank of America approved Bitcoin ETFs for advisers.
Banks no longer ask if crypto belongs in finance, they ask how fast they can integrate it.
Ether Forecast Gets a Haircut
Standard Chartered cut its 2026 Ether target to $7,500 from $12,000 after Bitcoin lost momentum.
Bitcoin’s size still drags the whole market mood, even when Ethereum builds quietly in the background.
Long-Term Faith Stays Intact
Despite the trim, the bank still expects Ether to pass $40,000 by 2030, which raised a few eyebrows.
Onchain data shows whales buying ETH while smart money trimmed exposure during recent price weakness.
Footnotes:
Prime brokerage: Bundled trading, custody, and lending services for large investors.
Onchain data: Blockchain activity used to track investor behavior.
