Standard Chartered and Hana Group Join Hands for Digital Assets Business
Standard Chartered and South Korea's Hana Financial Group have signed a Memorandum of Understanding (MoU) to collaborate on digital assets initiatives, including cryptocurrencies and stablecoins. This partnership aims to leverage both institutions' expertise and networks to expand their presence in the global traditional finance industry.
This move follows Hana's previous partnership with BitGo, where it acquired a 25% stake to advance crypto institutionalization in South Korea. Separately, Standard Chartered has been active in the digital asset space, having launched Bitcoin and Ethereum trading for institutional clients through its UK branch in 2025.
Both chairmen expressed strong support, with Standard Chartered’s Bill Winters calling South Korea a key Asian financial hub and the partnership a milestone for global network business. The collaboration reflects growing institutional demand and competition in the digital assets sector.
TheNewsCrypto03/16 11:33
