Standard Chartered's move is quite interesting. According to the latest reports, this longstanding financial institution is planning to expand its crypto business footprint, with a specific plan to establish a prime brokerage service for digital assets.

How will they do it? Standard Chartered intends to operate this business under its wholly-owned venture capital arm, SC Ventures. However, it is still in the early discussion stage, and the exact launch date has not been determined.

The logic behind this move is quite clear—traditional big banks have already sensed the trend. Institutional clients' demand for crypto trading, asset custody, and financing services is continuously growing. Missing this wave would mean ceding business to more agile competitors. Therefore, more and more traditional banks are accelerating their entry, leveraging their credit and service capabilities to compete in this emerging market.

This trend indicates that digital assets moving from the fringes to the mainstream financial system is an inevitable development, and no longer just a playground for retail investors.