Standard Chartered will be the Partior platform’s first Euro settlement bank. Partior is on track to meet its goal of expanding its currency offerings beyond the initial eight global currencies – USD, SGD, GBP, EUR, AUD, JPY, CNH, and HKD – by 2023

Standard Chartered announced its investment in Partior earlier this month at the Singapore Fintech Festival.

The investment represents a synergy between Standard Chartered and Partior as Standard Chartered expands its blockchain innovation capabilities, increasing its commitment to constructing a more transparent, efficient, and secure infrastructure for global value movement.

Standard Chartered’s investment will speed  up the deployment of blockchain technology across its global wholesale payments and settlements network, increasing the utility of Partior’s technology in global capital markets.

Standard Chartered will synergize the network with its global payments expertise and clearing footprint as part of the synergy, significantly strengthening Partior’s international reach and capabilities.

Standard Chartered will be the Partior platform’s first Euro settlement bank. Partior is on track to meet its goal of expanding its currency offerings beyond the initial eight global currencies – USD, SGD, GBP, EUR, AUD, JPY, CNH, and HKD – by 2023.

Partior is a blockchain technology company that enables the next generation of cross-border payments and value exchange. Partior, which began as a project supported by the Monetary Authority of Singapore, was founded last year by J.P. Morgan, DBS, and Temasek. Its platform is best in class and addresses the pain points of speed, access, and transparency, allowing banks all over the world to provide real-time cross-border multi-currency payments, trade finance, and other financial solutions.

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