BBVA Partners with SGX FX for Retail Crypto Trading in Singapore
BBVA Partners with SGX FX for Retail Crypto Trading
- Banco Bilbao Vizcaya Argentaria (BBVA) partners with Singapore's SGX FX to offer retail cryptocurrency trading.
- The partnership allows BBVA's retail clients access to Bitcoin #BTC and Ethereum #ETH via existing platforms.
- BBVA is the first EMEA bank to use SGX FX’s crypto trading infrastructure, maintaining a 24/7 trading framework similar to foreign exchanges.
- SGX FX has been expanding its presence in the crypto space, announcing plans for Bitcoin futures contracts targeted at institutional investors.
BBVA's Expanding Crypto Collaborations
- In August 2025, BBVA collaborated with Binance on crypto custody solutions, aiming to restore confidence in centralized crypto services post-FTX implosion.
- A subsequent alliance with Ripple Labs Inc. was formed to provide digital asset custody service amid rising demand.
- BBVA holds regulatory approval from Spain’s National Securities Market Commission (CNMV), allowing customers to trade and hold crypto within its digital banking environment.