ChainCatcher news, according to Asset Servicing Times, Emirates NBD has invested in Zodia Custody, a crypto custody company under Standard Chartered, through its innovation fund (the bank's corporate venture fund).By investing in Zodia Custody, the bank aims to bridge the gap between traditional financial services in the UAE and institutional digital assets.

ChainCatcher news, according to The Block, Zodia Custody has partnered with the tokenization platform Securitize to provide regulatory-compliant custody services covering tokenized assets, including BlackRock's BUIDL fund.Zodia Custody CEO Julian Sawyer stated that the growth of BUIDL demonstrates the potential of tokenized assets for institutional investment. Securitize CEO Carlos Domingo added that this collaboration connects traditional finance with blockchain technology, helping institutions securely participate in the tokenized asset market. Securitize has launched fund management services to support the operational and compliance needs of tokenized assets.

ChainCatcher news, according to Bloomberg, Zodia Custody, the cryptocurrency custody company of Standard Chartered Bank, CEO Julian Sawyer stated in an interview that the company is seeking to raise $50 million from investors to drive its plans to expand into new regions and broaden its product range.Sawyer added that although Zodia currently has the support of several wholesale financial firms, it now hopes to attract a wider variety of investors, including payment and tokenization companies; cryptocurrency-focused consulting firm Architect Partners is assisting with this effort that began last month.

ChainCatcher news, according to The Block, Zodia Custody announced a partnership with the Solana staking market Marinade, allowing institutions to access Solana staking opportunities. Currently, Zodia Custody's staking services also support Ethereum, Polkadot, Cardano, and BNB.

ChainCatcher news, cryptocurrency trading company Zodia Markets, supported by Standard Chartered Bank's venture capital division, announced that it is acquiring the OTC business of Elwood Technologies, with financial terms undisclosed.Elwood stated on Monday that after selling this business, the company will focus on its trading technology software as a service (SaaS) products and services.Zodia Markets CEO Usman Ahmad mentioned that the company's OTC business currently handles trading volumes of up to $60 million daily. He did not disclose details on how much customer trading volume this deal might bring to Zodia, but stated via email that the company expects "daily trading volumes to increase significantly."Previous news, Zodia Markets is in talks to acquire a stake in Elwood Technologies to gain its OTC business, which is reportedly a digital asset company backed by billionaire hedge fund manager Alan Howard.

ChainCatcher news, according to Bloomberg, Standard Chartered's cryptocurrency subsidiary Zodia Markets is in talks to acquire a stake in Elwood Technologies, a digital asset company backed by billionaire hedge fund manager Alan Howard.

ChainCatcher news, according to official sources, cryptocurrency custody service company Zodia Custody, supported by Standard Chartered Bank, SBI Holdings, Northern Trust, and National Australia Bank, has established a partnership with cryptocurrency lending expert Maple Finance.

ChainCatcher news, according to CoinGape, digital asset custody institution Zodia Custody has partnered with cryptocurrency ETP issuer 21Shares. Zodia Custody has become the primary custodian for 21Shares' cryptocurrency exchange-traded products (ETP) in the Swiss and European markets.

ChainCatcher news, according to CoinDesk, the venture capital arm of the National Australia Bank (NAB), NAB Ventures, has recently invested in Zodia Custody, a company focused on cryptocurrency custody services, with the investment amount undisclosed.It is reported that Zodia Custody was co-founded by Standard Chartered and Northern Trust, aiming to provide secure digital asset custody services for institutional investors. Zodia Custody is set to commence operations in Australia by the end of 2023 and is preparing to become the preferred custodian for applicants of digital asset ETF approvals awaiting the Australian Securities Exchange.

ChainCatcher news, according to Ledger Insights, Zodia Custody announced that Bitcoin mining company Marathon Digital will become its digital asset custody client.The custody company Zodia Custody was co-founded by SC Ventures, a subsidiary of Standard Chartered Bank, and Northern Trust, with SBI joining as an important supporter.Earlier this month, Zodia Custody announced that it is one of the cryptocurrency custody providers for Deutsche Bank's asset management company DWS's cryptocurrency exchange-traded products (ETP). Zodia acts as a custodian alongside Coinbase.

ChainCatcher news, according to The Block, Zodia Custody, a subsidiary of Standard Chartered Bank and a cryptocurrency custody institution, has announced the launch of a new "network of networks" to connect different institutional crypto accounts.The product, named "Interchange Connect," provides institutional investors with an easy way to transfer crypto assets between different accounts held at places like Metaco, Fireblocks, and Copper's ClearLoop, while settling trades over-the-counter.The product will be available to customers in the first quarter of 2024, and Zodia plans to gradually introduce more networks in the future.

ChainCatcher news, Zodia Custody, a cryptocurrency custody company under Standard Chartered Bank, is entering Hong Kong and plans to launch services in phases. In the initial phase, Zodia Custody aims to provide limited cryptocurrency asset services to Hong Kong clients. Additionally, the company is actively negotiating with the Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority to ensure regulatory compliance.

ChainCatcher news, according to CoinDesk, the digital asset trading platform Zodia Markets, supported by Standard Chartered Bank, has obtained registration as a Virtual Asset Service Provider (VASP) from the Central Bank of Ireland. This registration will enable Zodia Markets to provide over-the-counter (OTC) and trading services to institutional clients.It is reported that the company obtained a similar license in the UK last year and received a license in Abu Dhabi last month, now having a licensed entity in the EU. With the upcoming implementation of the EU's Markets in Crypto-Assets Regulation (MiCA), it will, in principle, be easier for crypto companies licensed in one EU member state to obtain the necessary licenses to operate in the other 26 countries.Additionally, Ireland has become a popular destination for crypto companies, possibly due to its favorable tax regime. Coinbase designated Ireland as its EU hub earlier this month.

ChainCatcher news, according to the official announcement, Zodia Custody has launched the digital asset custody platform SAF3 for institutional clients in Australia. Australia's largest commercial bank NAB has collaborated with Zodia Custody on a proof of concept to test the bank-grade credentials of the SAF3 platform.

ChainCatcher news, according to CoinDesk, the digital asset exchange Bitfinex plans to enhance the security of institutional clients using the Interchange product from Zodia Custody, a subsidiary of Standard Chartered Bank and a cryptocurrency custody institution.It is reported that Zodia's Interchange allows clients to keep their assets on its platform while their assets are mirrored and can be traded on the exchange.

ChainCatcher news, Standard Chartered's subsidiary and cryptocurrency custody provider Zodia Custody has partnered with OpenEden to start offering yield on held crypto assets to institutional clients, and will also provide staking services for institutions.

ChainCatcher news, according to CoinDesk, Standard Chartered's subsidiary Zodia Custody (Singapore) Pvt. Limited announced its establishment in Singapore to provide digital asset custody services for financial institutions, and appointed former Bitgo General Manager Kai Kano as its first Chief Executive Officer.

ChainCatcher news, according to CNBC, Standard Chartered's crypto custodian Zodia Custody began operations in Singapore on Tuesday, aiming to capitalize on the country's rapidly growing digital asset market. According to Zodia in a press release, this development makes it the first entity owned by a bank and collaborating with banks to provide digital asset custody services for financial institutions in Singapore. Zodia stated that it hopes to expand its business across the Asia-Pacific region to meet the growing demand from institutions for bank-grade digital asset custody and the needs of its existing clients in the region.

ChainCatcher news, according to CoinDesk, Standard Chartered's subsidiary and cryptocurrency custody provider Zodia Custody will offer crypto staking services to institutional clients through a partnership with infrastructure provider Blockdaemon.According to RootData, [Zodia Custody](https://www.rootdata.com/zh/Projects/detail/Zodia Custody?k=NzczNg==) completed a $36 million Series A funding round on April 27, 2023. Blockdaemon completed a $207 million Series C funding round on January 27, 2022, with a valuation of $3.25 billion. (Source link)