MidChains and Standard Chartered establish strategic banking partnership

Dubai, United Arab Emirates, November 12th, 2026, Chainwire MidChains and Standard Chartered announce strategic banking alliance Dubai, United Arab Emirates, November 12th, 2026, Chainwire MidChains, a regulated digital asset platform, has forged a strategic banking partnership with global banking giant Standard Chartered. The collaboration aims to provide MidChains with essential banking services, including fiat settlement, segregated client money accounts, and correspondent banking.

This partnership enables MidChains to efficiently support its institutional services, allowing capital to move seamlessly between traditional and digital markets. Standard Chartered's Chief Executive Officer for the UAE, Middle East, and Pakistan, Rola Abu Manneh, emphasized the UAE's leading regulatory environment for digital assets and financial activity, which fosters collaboration between regulated digital asset firms and established financial institutions.

MidChains' Chief Executive Officer, Basil Al Askari, highlighted the importance of connecting digital asset services with the banking system to support institutional investors' activities as capital flows between markets.