Standard Chartered, a major British bank, is reportedly set to launch a Bitcoin (BTC) and Ethereum (ETH) trading desk in London. According to anonymous sources familiar with the matter, the bank is entering the world of spot market cryptocurrency trading. While no specific launch date was mentioned, the sources indicated that the desk will be part of the bank’s foreign exchange trading service. In an email to Bloomberg, Standard Chartered stated that they have been working closely with regulators to meet the demand from institutional clients to trade Bitcoin and Ethereum. The move aligns with the bank’s strategy to support clients across the digital asset ecosystem, offering services such as access, custody, tokenization, and interoperability. Last year, Standard Chartered launched Libeara, a blockchain platform aimed at assisting firms with real-world asset tokenization. Earlier this year, the bank’s analysts raised their price prediction for Bitcoin in 2025 by 50% due to the success of spot market Bitcoin exchange-traded funds. The current price of Bitcoin is $64,132, representing a 1.55% decrease in the last 24 hours.