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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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Zodia Custody Teams Up With SBI Digital Asset Holdings to Form Crypto Custodian in Japan

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Zodia Custody launches service to protect users’ crypto from exchange insolvency

Crypto asset provider Zodia Custody has launched a new service to help protect its clients from exchange insolvency. According to the company, its new service, Interchange, will provide an alternative to the pre-funding and margin models of exchanges. The service is set to allow users to keep their assets with Zodia

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