SC Ventures, Standard Chartered’s innovation, fintech and venture arm, has partnered with Landesbank Baden-Wurttemberg, DekaBank and financial software specialist Comyno to create SWIAT, a blockchain platform for real-time settlement and trading of digital and traditional data, assets and transactions. SWIAT will provide software for a decentralised financial infrastructure with faster, more flexible and secure transactions. The joint venture will also provide custody services and create new business opportunities.

Metaco, a Swiss crypto specialist, has been selected by DekaBank to steer their digital asset offering and provide a safe and compliant asset management service, underpinned by