Share this article
Standard Chartered Joins EquiChain's Capital Markets Blockchain Pilot
Standard Chartered is partnering with fintech startup EquiChain to assist its blockchain pilot focused on bringing efficiencies to capital markets.
Updated Sep 13, 2021, 7:03 a.m. Published Oct 17, 2017, 10:00 a.m.
Multinational banking firm Standard Chartered has inked a year-long partnership deal with fintech startup EquiChain to join its blockchain pilot focused on bringing efficiencies to the capital markets.
In a statement, U.K.-based Standard Chartered said it will be the first custodian to join EquiChain's user group for the prototype platform. Using blockchain technology to enable the direct exchange of value between financial incumbents, the effort aims to do away with "the current need for multiple touchpoints and the inefficient interaction of different systems."
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Both firms will work together to meet the objectives of the pilot by sharing industry standards and exploring potential user applications as they carry out end-to-end pilot testing of the EquiChain blockchain platform in Asia, Africa and the Middle East.
Commenting on the new partnership, Nicholas Bone, EquiChain's founder and CEO noted:
"Recognizing the near-term steps required before the full promise of blockchain may be achieved, this partnership will allow us to utilize Standard Chartered’s diverse network coverage and deep local market expertise in emerging markets where we are focused."
The agreement with EquiChain is the latest blockchain play from Standard Chartered. The financial firm's recent blockchain collaborations include a partnership with a group of international financial institutions for blockchain cross-border payment services set to launch in 2018. It is also working with Singapore's DBS Bank to create a distributed ledger for trade finance.
Standard Chartered image via Shutterstock
More For You
需要了解的:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Bitcoin gets 'base case' price target of $143,000 at Citigroup
The Wall Street bank said its bitcoin forecast relies on further crypto ETF inflows and a continued rally in traditional equity markets.
What to know:
- Citigroup's base case for bitcoin (BTC) is a rise to $143,000 in 12 months.
- Analysts highlight $70,000 as key support, with the potential for a sharp rise due to revived ETF demand and positive market forecasts.
- The bear case sees bitcoin falling to $78,500 amid a global recession, while the bull case predicts a rise to $189,000 due to increased investor demand.
Top Stories
