Standard Chartered to Acquire Full Ownership of Zodia Custody

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Standard Chartered has signed a final agreement to fully acquire Zodia Custody, subject to regulatory approval. The bank will integrate Zodia’s custody services, while its software business will be transferred to a firm backed by SC Ventures. This move comes amid increased regulatory scrutiny of crypto companies and may also reflect anticipation surrounding the approval of a Bitcoin ETF.

BlockBeats news, on October 21, Standard Chartered Bank signed a final agreement to acquire 100% of the equity of the crypto custody firm Zodia Custody, subject to regulatory approval.


As planned, Standard Chartered Bank will integrate Zodia’s custody business, while its software business will be transferred to an independent company under SC Ventures.

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