Industry watchers see the development advancing not only Ripple’s XRP token but also benefiting the wider crypto sector by adopting trusted financial industry models for security and cooperation. In a move viewed as transformational for cross-border cryptocurrency storage and transfers, blockchain company Ripple‘s Metaco custody network has partnered with digital asset custodial provider Zodia Custody. The collaboration marks what Zodia CEO Julian Sawyer regards as ‘third generation’...
Read More »Standard Chartered’s Zodia Custody Begins Offering Yield on Crypto Holdings
Zodia Custody will now offer yield on digital assets to institutional clients in addition to providing its custody services. Zodia Custody, a leading crypto custody platform owned by banking giant Standard Chartered, will start providing yield on crypto holdings owned by its institutional clients. To bring this to fruition, Zodia Custody has partnered with OpenEden, a Singapore-based startup that brings real-world assets to the blockchain. Zodia Custody will use this partnership to connect...
Read More »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 financial conglomerate SBI Holdings. The London-headquartered crypto startup announced that the funding round also saw...
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