#DigitalAssets Fund Gets $250M Backing From #StandardChartered Ventures
Standard Chartered's venture division is set to launch a dedicated digital asset fund in 2026, seeking $250 million from Middle Eastern investors to target global financial services opportunities.
The announcement came during Saudi Arabia's Money 20/20 conference, where operating partner Gautam Jain outlined plans for a worldwide investment focus. SC Ventures already maintains positions through Libeara, Zodia Markets, and Zodia Custody.
#MiddleEast backing reflects the region's emergence as a crypto hub through progressive regulations in the UAE and Saudi Arabia. Dubai's Virtual Assets Regulatory Authority and Saudi Arabia's #blockchain sandbox encourage institutional participation.
Recent market dynamics influenced timing considerations, as Standard Chartered warned that digital asset #treasury firms face pressure below critical market net asset value ratios. This creates opportunities for well-capitalized entrants.
The bank's analysis suggests "largest in breed, cheapest funders and those with staking yield" will benefit from market consolidation. Companies that maintain access to low-cost debt financing hold competitive advantages.
