Standard Chartered Takes Full Control of Its Zodia Crypto Custody Arm
On Wednesday, Standard Chartered disclosed that it has signed definitive agreements to acquire 100% of Zodia Custody, bringing a six-year institutional crypto venture fully into its banking operations. Founded in 2020 alongside Northern Trust, Zodia evolved from a bitcoin and ether custodian into a multinational digital asset business. The acquisition reunites its regulated custody operations […]
Key Takeaways
- On Wednesday, Standard Chartered disclosed that it has signed definitive agreements to acquire 100% of Zodia Custody, bringing a six-year institutional crypto venture fully into its banking operations.
- Founded in 2020 alongside Northern Trust, Zodia evolved from a bitcoin and ether custodian into a multinational digital asset business.
- The acquisition reunites its regulated custody operations […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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