Standard Chartered Signs Agreement To Acquire Crypto Custodian Zodia Custody
By Mathew Di Salvo
AI summary of the source article
Standard Chartered has signed an agreement to acquire digital asset custodian Zodia Custody, following shareholder approval in May. The acquisition will integrate Zodia Custody's services into the bank's existing digital asset custody activities worldwide.
Why it matters
According to Standard Chartered's Ying Ying Tan, the deal "further deepens our digital asset custody portfolio and reinforces our position as a leading provider of digital asset services globally."
Key facts
- Standard Chartered will acquire London-based crypto custodian Zodia Custody after shareholders approved the offer in May.
- The acquisition will integrate Zodia Custody's services into Standard Chartered's existing digital asset custody activities.
- Standard Chartered currently provides crypto custody in the UAE, Luxembourg, and Hong Kong, with plans to launch services in Singapore.
Source excerpt · Bitcoin Magazine
Bitcoin Magazine Standard Chartered Signs Agreement To Acquire Crypto Custodian Zodia Custody British bank Standard Chartered will integrate Zodia Custody’s bitcoin and crypto services into its own. This post Standard Chartered Signs Agreement To Acquire Crypto Custodian Zodia Custody first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .