MidChains and Standard Chartered establish strategic banking partnership
Dubai, United Arab Emirates, November 12th, 2026, Chainwire Fiat settlement, segregated client money accounts and correspondent banking to support MidChains’ institutional services. 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, today announced 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. These services will power MidChains’ day-to-day operations and enable efficient settlement. Rola Abu Manneh, Chief Executive Officer, UAE, Middle East and Pakistan, Standard Chartered, said : “The UAE has established itself as one of the world’s leading regulatory environments for digital assets and a global centre for financial activity...