Standard Chartered is looking to take over crypto custody provider Zodia: Bloomberg
CoinDesk
Standard Chartered is reportedly planning to fully acquire Zodia Custody to integrate it into its existing digital asset operations.Summary
Standard Chartered is reportedly planning to acquire full ownership of the crypto custody firm Zodia, a joint venture originally established by the bank and Northern Trust. Sources indicate that the bank may merge Zodia’s services with its internal digital asset divisions or maintain it as a separate software-as-a-service entity. While Standard Chartered and several minority shareholders have declined to comment, the move highlights the bank's broader strategy to expand its digital asset footprint amid growing institutional demand for regulated crypto services.
(Source：CoinDesk)