Update
MidChains and Standard Chartered Establish Strategic Banking Partnership
MidChains FZE, a digital asset platform licensed by the Virtual Assets Regulatory Authority (VARA) to provide broker-dealer services to retail, institutional and qualified investors, has established a strategic banking partnership with Standard Chartered. Under the partnership, Standard Chartered will support MidChains with a range of banking services including fiat settlement capabilities, segregated client money accounts, and correspondent banking. This partnership will power MidChains' day-to-day operations and enable efficient settlement.