Crypto readiness score
3/3 status dimensions verified · 3 initiatives · last verified 2026-10-23
Score breakdown
How the number above is built — every input is a verified tracker status with a dated source.
| Component | Weight | Points | Basis (verified input) |
|---|---|---|---|
| Commercial availability | 35 | 17.5 | Live — commercial, within explicit scope (evidence needs review: ×0.5) · initiative |
| Regulatory standing | 25 | 12.5 | Approved / authorised (evidence needs review: ×0.5) · initiative |
| Technical delivery | 20 | 15 | Live — restricted / specific counterparties · initiative |
| Product breadth | 15 | 10 | 2 product categories with a verified status: Tokenized deposits, Custody & trading |
| Recent verified activity | 5 | 5 | Last verified change 2026-08-20 |
Score = sum of points, rounded. Only verified tracker statuses count; “Unknown” earns nothing and is never estimated. Methodology
Initiatives (3)
Regulatory, technical and commercial status are kept separate: an authorisation is not a launch.
Custody & trading · UAE (DIFC) / global institutional
Standard Chartered digital asset custody (DIFC, UAE)
- regulatory
- Approved / authorised2024-09-10
- technical
- Live — restricted / specific counterparties2024-09-10
- commercial
- Live — restricted / specific counterparties2024-09-10
Standard Chartered launched a DFSA-licensed digital asset custody service in the DIFC in September 2024, initially for bitcoin and ether.
Scope: Institutional custody in the DIFC; initially bitcoin and ether.
In tracker · last verified 2026-10-23
Custody & trading · UK / global institutional
Zodia Custody (SC Ventures / Northern Trust) — UK
- regulatory
- Approved / authorised2021-07-29
- technical
- Live — commercial, within explicit scope2021-07-29
- commercial
- Live — commercial, within explicit scope2021-07-29
Zodia Custody, developed by Standard Chartered's SC Ventures with Northern Trust, received FCA cryptoasset registration in July 2021 and began commercial custody services.
Scope: Institutional custody; Standard Chartered subsidiary with Northern Trust.
In tracker · last verified 2026-10-23
Licences & registrations
Regulator records (or MiCA Art. 60 notifications — a notification, not an authorisation).
- Approved / authorised Standard Chartered digital asset custody (DIFC, UAE)
Regulator not named in reviewed source · 10 Sept 2024
Official institutionalStandard Chartered launches digital asset custody service in the UAE (opens source in new tab)
- Approved / authorised Zodia Custody (SC Ventures / Northern Trust) — UK
Regulator not named in reviewed source · 29 Jul 2021
Official institutionalStandard Chartered and Northern Trust Announce Zodia Custody Receives FCA Registration (opens source in new tab)
Partners & providers
From tracker records and verified item text only. “Co-named” means both appear in the same source — open it for context. Full map
- Swift · joint initiative (tracker)
- HSBC · joint initiative (tracker)
- visa · co-named in verified item
- Swift · co-named in verified item
HSBC and Standard Chartered execute first live tokenised deposit transaction on Swift's blockchain
HSBC and Standard Chartered today announced the successful completion of bank-to-bank tokenised deposit interoperability through the execution of the first live cross-border transaction on Swift’s blockchain-based ledger.
Regulator records & actions
Register entries and regulator publications that name this institution.
- 2026-10-23Initiative expansion · Monetary Authority of SingaporeBank Negara Malaysia and Bank of Thailand join MAS-led BLOOM initiative on cross-border settlement in digital money
- 2026-04-10Licence / authorisation · Hong Kong Monetary AuthorityHKMA grants first stablecoin issuer licences to Anchorpoint and HSBC
Markets (from stated target markets): United Arab Emirates · United Kingdom
Timeline
Status changes (tracker history), verified items and regulatory dates, newest first.
2026-10-23 · Item
Monetary Authority of Singapore
2026-10-21 · Item
Standard Chartered: Rethinking controls for institutional stablecoin adoption
Standard Chartered
2026-08-20 · Status
First live bank-to-bank tokenised deposit transaction (HSBC–Standard Chartered). A single live transaction; not commercial availability.
2026-08-20 · Item
HSBC and Standard Chartered execute first live tokenised deposit transaction on Swift's blockchain
HSBC
2026-07-08 · Status
Ledger ready for initial use.
2026-07-08 · Item
Swift's blockchain ledger ready for initial use as 17 banks prepare tokenised cross-border payments
Swift
2026-04-10 · Item
HKMA grants first stablecoin issuer licences to Anchorpoint and HSBC
Hong Kong Monetary Authority
2025-08-01 · Regulatory date
Hong Kong regulatory regime for stablecoin issuers comes into effect (opens source in new tab)
HK Stablecoins Ordinance · Hong Kong Monetary Authority
2024-09-10 · Status
Custody service launched in the DIFC with an inaugural institutional client.
2021-07-29 · Status
FCA registration under the Money Laundering Regulations; commercial operations began.
Full coverage for Standard Chartered · Data: /api/banks.json (CC BY 4.0) · Spot an error? Corrections