Standard Chartered Appointed Digital Asset Custodian and Settlement Agent for TP ICAP Fusion Digital Assets Platform

Standard Chartered Appointed Digital Asset Custodian and Settlement Agent for TP ICAP Fusion Digital Assets Platform

(IN BRIEF) Standard Chartered has been appointed as digital asset custodian and settlement agent for TP ICAP’s Fusion Digital Assets platform, strengthening the partnership between the two organisations and supporting the expansion of institutional digital asset trading services. The collaboration allows TP ICAP to settle blockchain-based assets through its own accounts while providing institutional clients with access to Standard Chartered’s regulated digital asset custody infrastructure. Fusion Digital Assets, operated by TP ICAP E&C Limited and registered with the UK Financial Conduct Authority for crypto asset activities, is designed as a wholesale crypto exchange for institutional participants. By combining TP ICAP’s market infrastructure with Standard Chartered’s custody and settlement capabilities, the partnership aims to support growing institutional demand for secure access to digital asset markets.

(PRESS RELEASE) LONDON, 4-Mar-2026 — /EuropaWire/ — Standard Chartered has been appointed as digital asset custodian and settlement agent for TP ICAP’s Fusion Digital Assets platform, marking a further expansion of the partnership between the international banking group and the global markets infrastructure provider. The collaboration will support TP ICAP as it grows its matched principal trading operations in digital assets and expands services for institutional clients.

The new role will see Standard Chartered provide custody and settlement services for blockchain-based assets traded on Fusion Digital Assets, TP ICAP’s wholesale crypto asset exchange designed specifically for institutional market participants. The platform operates through TP ICAP E&C Limited, which is registered with the UK Financial Conduct Authority for crypto asset activities.

This latest development builds on the partnership first announced between the two companies in October 2024. Through the expanded collaboration, shared clients will gain access to Standard Chartered’s regulated digital asset custody solution alongside the trading capabilities offered by Fusion Digital Assets.

By integrating custody and settlement with the trading infrastructure of Fusion Digital Assets, the partnership aims to provide institutional investors with secure and efficient access to digital asset markets. The model combines TP ICAP’s expertise in market infrastructure and execution services with Standard Chartered’s regulated financial services capabilities in digital assets.

Margaret Harwood-Jones, Global Head of Financing and Securities Services at Standard Chartered, said the collaboration reflects a shared commitment to bridging traditional finance with emerging digital asset markets. The bank’s custody and settlement infrastructure will support TP ICAP’s ability to expand its matched principal trading activities while maintaining high standards of security and operational efficiency.

TP ICAP views the appointment as an important step in advancing its digital asset strategy. Duncan Trenholme, Managing Director and Global Co-Head of Digital Assets at TP ICAP, noted that the arrangement will allow the company to settle blockchain-based assets through its own accounts for the first time. With Standard Chartered providing custody and settlement support, the platform will also be able to broaden the range of on-chain assets and execution services offered to institutional clients.

Fusion Digital Assets is designed as a wholesale marketplace rather than a retail trading venue, focusing exclusively on institutional participants such as asset managers, banks and other professional investors. The platform combines TP ICAP’s experience in operating trading venues with segregated custodial arrangements that meet the standards expected by institutional investors.

TP ICAP operates across global financial, energy and commodities markets, connecting buyers and sellers through brokerage, liquidity and data services. The company’s portfolio includes brands such as ICAP, Tullett Prebon, PVM, Liquidnet and Parameta Solutions, which together provide market intelligence, broking services and analytics to clients worldwide.

The strengthened partnership between Standard Chartered and TP ICAP reflects growing institutional interest in digital assets and the increasing integration of blockchain-based financial instruments into established financial market infrastructure.