Standard Chartered Moves To Take Full Control Of Zodia Custody

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. TL;DR: Standard Chartered has signed definitive agreements to acquire Zodia Custody, deepening its push into institutional digital asset safekeeping. Standard Chartered is bringing one of its better-known digital asset ventures closer to the centre of the bank. On October 21, the banking group announced definitive agreements to acquire 100% of Zodia Custody Limited through Standard Chartered I H Limited. The agreement follows a previously accepted non-binding offer and remains subject to regulatory approvals and customary closing conditions. Until those steps are complete, this is a signed acquisition agreement rather than a completed takeover. Zodia’s regulated custody operations are intended to be integrated into Standard Chartered’s Securities Services activities, where the bank already service...