Standard Chartered Integrates Zodia Custody
BTC/USDT
$27,493,895,147.63
$76,050.00 / $72,694.50
Change: $3,355.50 (4.62%)
-0.0098%
Shorts pay
Contents
Standard Chartered is considering restructuring its majority-owned crypto custody company Zodia Custody. The UK-based bank plans to integrate Zodia's crypto custody business into its institutional and investment banking unit, which already offers similar services; Zodia will continue operations as an independent Software as a Service (SaaS) platform. According to Bloomberg, citing sources close to the matter, the restructuring announcement could be made this month.
Standard Chartered Integrates Zodia Custody into Its Institutional Unit
It's unclear whether negotiations have been initiated with Zodia's minority shareholders Northern Trust, Emirates NBD, National Australia Bank, and SBI Holdings. Standard Chartered plans to expand in the digital asset space with a crypto prime brokerage platform and institutional crypto trading services in the summer of 2025. This move will strengthen the bank's role in the crypto ecosystem.
Zodia's Future as an Independent SaaS Platform
Zodia was established in 2020 with Northern Trust and has grown to seven offices in Europe, Asia, and the Middle East. After the restructuring, it will offer software-focused services with a SaaS model, while custody operations will move to Standard Chartered's unit. This could provide efficiency gains and scalability.
Other Banks Are Also Internalizing Crypto Custody: BNY and Morgan Stanley
Other major banks are taking similar steps: BNY Mellon launched a Bitcoin (BTC) and Ether (ETH) custody platform in October 2022; Morgan Stanley applied for a US national trust bank license in February. Institutional interest is also driving ETH ETF flows.
BTC ETF Flows and Bitcoin Technical Analysis Confirm Institutional Demand
April 22, 2026 ETF flows show institutional demand: Bitcoin ETFs had 335,8 million dollars net inflows, Ethereum ETFs had 96,4 million dollars net inflows. BTC price 77.391,80 USD (-0,71% 24h), RSI 64,44 (uptrend). Supports: 74.400 USD (strong, 77% score), 60.000 USD. Resistances: 79.043 USD (84% score), 83.437 USD. Monitor these levels on BTC futures; although Supertrend gives a bearish signal, ETF inflows are increasing support.