Standard Chartered Bank will acquire the cryptocurrency custody business of its subsidiary Zodia Custody
According to Bloomberg, Standard Chartered Bank will acquire the cryptocurrency custody business of its holding subsidiary Zodia Custody, and its non-binding acquisition offer has been accepted by other shareholders and noteholders of Zodia Custody. Margaret Harwood-Jones, Global Head of Financing and Securities Services at Standard Chartered Bank, stated that this merger will pave the way for Standard Chartered to launch cryptocurrency custody services in new markets such as the UK and Australia.
After the acquisition is completed, Zodia Custody's infrastructure business will continue to operate as an independent software-as-a-service company, renamed Zodia Solutions, led by current CEO Julian Sawyer, with Standard Chartered's venture capital division holding a majority stake in Zodia Solutions. Existing shareholders of Zodia Custody include Northern Trust, Emirates NBD, National Australia Bank, and SBI Holdings, and discussions are ongoing regarding whether these parties will continue to hold shares in Zodia Solutions.
You may also like

From Casino Tools to Global Pricing Machines: The NYSE Leader's Perspective on Hyperliquid

A Detailed Analysis of "Stock God Serenity" Investment Methodology

Sharplink CEO: The future of Ethereum is unfolding

Morning Report | Korea Investment & Securities and OKX plan to jointly acquire 40% of Coinone; Polymarket denies implementing KYC comprehensively; Grayscale delays U.S. stock IPO plans

Bit Digital CEO: Why I Bought More ETH

A Decade of Three Waves of Stock Tokenization from Bitget's Reality: An Unfinished Financial Exploration

"Hu Run Baifu" Dialogue with Sun Yuchen: A New Paradigm of Value Circulation in the Web3 Transformation Cycle

Is it hackers and regulation that ruined DeFi?

Chris Lee: From crypto OG to heavy investments in the three storage giants, predictions on AI bull market corrections, Web4, and opportunities for the younger generation

Ready for a Walk on the Wilder Side of Proof of Talk 2026? Join WEEX Labs in Paris

Gold vs Bitcoin in 2026: Which Market Is Giving Traders Better Opportunities?

Morning News | Coinbase partners with Standard Chartered Bank to expand multi-currency fiat channels; Sharplink and Forward will be included in the Russell Index; JPMorgan may issue stablecoins in the future

Hash Global Founder: Why I Also Chose to Liquidate All My ETH?

Tokenized US Stock Duel: Ondo vs. xStocks, Who is Defining On-Chain Nasdaq?

He Yideng ranked: Since you're here, you might as well

The era of regulatory arbitrage has come to an end, and the value of cryptocurrency exchange licenses is being fiercely contested

Six Major Complaints from an Ethereum Developer

