Standard Chartered and GFO-X partner together
09 December 2025 UAE, UK
Image: Johannes/stock.adobe.com
Standard Chartered and GFO-X, a digital asset derivatives trading venue, have partnered up to provide collateral management and custodian services for digital assets to support the development of GFO-X Abu Dhabi central counterparty (CCP).
Under the partnership, Standard Chartered and GFO-X will work together to enable institutional clients to utilise cryptocurrencies, tokenised money market funds, and other forms of digital assets as collateral for trading in a fully centrally cleared and credit intermediated model.
By using a bank such as Standard Chartered as the custodian for their collateral, the firm says this initiative significantly enhances security and capital efficiency for institutional clients.
To enhance risk management and reduce counterparty exposure, GFO-X AD CCP will enable institutional clients to use an off-exchange custody solution provided by Standard Chartered, acting as an independent, regulated custodian.
Arnab Sen, CEO and co-founder of GFO-X, comments: "We are delighted to partner with Standard Chartered to build the market structure institutions have been waiting for.
“Allowing institutional clients to post digital assets as collateral will unlock a significant amount of pent-up demand for trading, in a fully credit intermediated format, in a highly regulated and cleared trading venue.
“Holding this collateral at a leading cross-border international bank is essential to enhancing risk management and reducing counterparty exposure.”
Margaret Harwood-Jones, global head, financing and securities services, Standard Chartered, says: “We are proud to support this world-first development in institutional digital-asset derivatives.
“Our partnership with GFO-X demonstrates how trusted institutions can help shape a secure and scalable market structure — one that combines robust custody with central clearing and credit intermediation to enhance risk management and unlock responsible long-term-growth across the digital-asset ecosystem.”
Under the partnership, Standard Chartered and GFO-X will work together to enable institutional clients to utilise cryptocurrencies, tokenised money market funds, and other forms of digital assets as collateral for trading in a fully centrally cleared and credit intermediated model.
By using a bank such as Standard Chartered as the custodian for their collateral, the firm says this initiative significantly enhances security and capital efficiency for institutional clients.
To enhance risk management and reduce counterparty exposure, GFO-X AD CCP will enable institutional clients to use an off-exchange custody solution provided by Standard Chartered, acting as an independent, regulated custodian.
Arnab Sen, CEO and co-founder of GFO-X, comments: "We are delighted to partner with Standard Chartered to build the market structure institutions have been waiting for.
“Allowing institutional clients to post digital assets as collateral will unlock a significant amount of pent-up demand for trading, in a fully credit intermediated format, in a highly regulated and cleared trading venue.
“Holding this collateral at a leading cross-border international bank is essential to enhancing risk management and reducing counterparty exposure.”
Margaret Harwood-Jones, global head, financing and securities services, Standard Chartered, says: “We are proud to support this world-first development in institutional digital-asset derivatives.
“Our partnership with GFO-X demonstrates how trusted institutions can help shape a secure and scalable market structure — one that combines robust custody with central clearing and credit intermediation to enhance risk management and unlock responsible long-term-growth across the digital-asset ecosystem.”
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