Standard Chartered announced today the launch of Hong Kong’s first institutional-grade crypto asset custody service offered by a Global Systemically Important Bank (G-SIB). The bank will provide relevant services to Win Group. This marks a major milestone for Hong Kong’s regulated digital asset market and further supports the city’s development into a global digital finance hub.

This achievement is built on Standard Chartered’s long-term collaboration with regulators, market infrastructure providers and technology partners, to seize opportunities amid the growth of Hong Kong’s digital asset sector. It also comes from the steady progress made by Standard Chartered and Win Group in complying with regulatory requirements in operations, custody and governance standards.

Wendy Wong, CEO of Standard Chartered Hong Kong, Greater China and North Asia, said this significant milestone demonstrates Hong Kong’s progress in building a robust and well-regulated digital asset ecosystem. It reflects the joint efforts of banks, clients, regulators and the wider ecosystem to drive institutional adoption. Through close cooperation with Win Group and ongoing engagement with regulators, the bank has shown how the industry can work together to scale digital assets responsibly. This industry-first initiative will help solidify Hong Kong’s position as a leading global digital finance hub.