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Tag: Standard Chartered

Standard Chartered’s Crypto Custody Unit Seeks $50 Million

Standard Chartered’s Crypto Custody Unit Seeks $50 Million

Standard Chartered’s crypto custody unit, Zodia Custody, is seeking $50 million in fresh funding1. This move coincides with major shifts in the digital assets landscape. UBS recently launched tokenized investment funds on the Ethereum network1. Traditional institutions are diving deeper into the crypto sphere. This signals a growing acceptance of blockchain technology in mainstream finance. […]

Standard Chartered’s Zodia Custody in Talks to Raise $50 Million for Crypto

Standard Chartered’s Zodia Custody in Talks to Raise $50 Million for Crypto

Zodia Custody, Standard Chartered’s crypto arm, is negotiating a $50 million raise to expand its services1. This move highlights the growing demand for secure crypto custody solutions from institutional investors. It also shows increasing interest in blockchain technology2. Zodia Custody is a joint venture between Standard Chartered and Northern Trust, established in 20202. It provides […]

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