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Standard Chartered Acquires Zodia Custody, Spins Off Tech Platform
Published 1 week ago
Description
Standard Chartered to fully acquire Zodia Custody, integrating its custody operations into its existing digital asset custody business. Zodias institutional crypto platform will be spun off into a new entity, Zodia Solutions, under Standard Chartereds venture arm, SC Ventures. This move consolidates the banks digital asset services and marks a significant step in their approach to the digital asset space.
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