Standard Chartered to Absorb Zodia Custody, Spin Out Zodia Solutions

Cointelegraph Staff

(01:31 PM UTC)

1 min read

Standard Chartered has announced that its offer to acquire the business of Zodia Custody has been accepted by shareholders.

The deal, announced Monday, will consolidate Standard Chartered’s digital asset custody operations while separating a standalone infrastructure platform for institutional clients.

Zodia Solutions will be established as an independent entity under SC Ventures, backed by several…

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