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Standard Chartered-backed Zodia Crypto Custody Raises $36M in Funding Round Led by SBI Holdings

With the SBI investment, Zodia Custody will increase its Japan presence amid increased demand for digital assets from institutional investors in the country. Zodia Custody, an institutional-grade crypto asset custodial platform backed by Standard Chartered in association with Northern Trust, has announced that it raised approximately $36 million led by Japanese

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Standard Chartered’s Zodia raises $36M

Global banks continue to expand their cryptocurrency-related capabilities, with the British multinational bank Standard Chartered raising new funding for its crypto platform Zodia.Standard Chartered-backed crypto custody subsidiary Zodia Custody has raised $36 million in a new series A funding round, Bloomberg reported on April 27.Japanese financial conglomerate SBI Holdings has

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DeFi Protocol DFlow Raises $5.5M From Framework Ventures, Coinbase Ventures, Others.

“If you look at equities markets, retail investors don’t trade directly on the NYSE, they trade on Robinhood against market makers, who may hedge on NYSE,” said DFlow founder and CEO Nitesh Nath, who previously worked as a quant researcher at the Chicago-based trading giant DRW. “We’re improving that system

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DeFi options protocol raises $17M for buy-side marketplace

Thetanuts Finance, a decentralized finance (DeFi) protocol offering crypto options contracts, has raised $17 million to offer a buy-side marketplace and expanded list of coins, according to an April 24 announcement from the team.Thetanuts Finance has completed a $17M institutional funding round led by @Polychain, @HyperchainC & @Magnus_fund, supporting our

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DeFi Protocol Thetanuts Finance Raises $17M From Polychain Capital, Hyperchain Capital, Others

Thetanuts Finance is a DeFi firm offering a range of crypto structured products that cater to a wide customer base, including option traders, decentralized autonomous organizations (DAOs), market makers and other liquidity providers. Users of the platform can earn yield on major cryptocurrencies and popular altcoins, provide liquidity, and execute

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