Standard Chartered PLC Wins TP ICAP Digital-Asset Custody Role, Adds Ex-JPMorgan Payments Executive
Standard Chartered will provide digital-asset custody and settlement for TP ICAP’s Fusion Digital Assets as the platform adopts a matched-principal trading model this month. The bank also hired former JPMorgan Kinexys executive Naveen Mallela to lead payments. U.S. and UK regulators have recently signaled support for tokenised finance, including digital government bond pilots and relaxed capital rules.