Bloomberg: Standard Chartered plans to bring Zodia's crypto custody business back in-house
By: www.chaincatcher.com|2026/04/09 04:10:18
0
Share
Prefer us on Google
According to Bloomberg, Standard Chartered Bank plans to bring the client custody business of its Zodia Custody back under its Corporate and Investment Banking (CIB) digital assets division, with an announcement expected as early as this month. After the restructuring, Zodia will operate solely as an independent custody technology software as a service (SaaS) platform.
Standard Chartered Bank established Zodia Custody in late 2020 in partnership with Northern Trust through its innovation division SC Ventures, subsequently attracting a few equity investors such as SBI Holdings, National Australia Bank, and Emirates NBD. It currently has about 150 employees across seven offices worldwide.
-- Price
--
--
--
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like
$400M AI crypto treasury firm seeks second reverse split while restoring capacity for 3 billion shares
Digital Currency X shareholders will vote Sept. 3 on a 160-for-1 reverse stock split and a reset to 3 billion authorized shares.
Market makers build 603 million USD BTC, ETH shorts on Hyperliquid
Gemini Partners with Apex to Expand Crypto Event Contract Business
Number of MiCA Licensed Institutions Increases to 331, All New Additions from German Cooperative Banks
4 Important Economic Events This Week for the Crypto Market
Arthur Hayes: ETH Will Outperform Large-Cap Tokens in Market Rebound
Bank of Russia eases qualified investor rules ahead of crypto rollout
Bank of Korea's Reassessment of Potential Growth Rate Sparks Debate on Interest Rate Benchmarks
The Bank of Korea's reassessment of the potential growth rate has sparked a debate regarding interest rate benchmarks. If the potential growth rate increases, it could create downward pressure on interest rates through a reduction in the GDP gap.
Bitcoin Trading Volumes Drop to 2023 Levels
Bitcoin trading volumes have noticeably declined: according to brokerage firm K33, the crypto market is experiencing one of its slowest periods since 2023, with weakness evident in both the spot and futures markets. Key figures clearly show how much the market has cooled: over the past month, the av...
Robinhood Co-Founder Says Meme Coin Development Exceeds Expectations, Connecting Users with Stock Tokens
Pakistan sets September 5 deadline for crypto platforms to comply
Pakistan's new crypto regime allows timely applicants to keep operating while regulators review their filings.
Gotsiridze: Crypto Farms in Georgia Strain the Energy Sector
Opposition politician and former president of the National Bank Roman Gotsiridze stated that crypto farms in Georgia create a dangerous load on the country's energy sector, contribute almost nothing to the budget, and rely on tax and tariff privileges.
OpenAI Agent Users Reach 20 Million, Revenue Increases by 35%
OpenAI's AI coding and business agent weekly active users have reportedly reached 20 million as of August 19, 2026, surpassing the traditional question-and-answer stage.
Circle Obtains Federal Custody Bank License
On July 10, the Office of the Comptroller of the Currency granted final approval to the First National Digital Currency Bank, which will operate under the name Circle National Trust • The national trust bank model is responsible for overseeing custody and fiduciary management, not operating as a tra...
ZK International receives 205,512.5 AWA tokens, liquidity concerns persist
ZK International received 205,512.5 AWA tokens to settle a $20.02 million receivable, but the assets remained unmonetized as cash totaled $82,696.
Federal Reserve Study: Crypto Investors Driven More by Belief, Bitcoin Surge Information Stimulates More Buying
Federal Reserve Study: Crypto Investors Driven More by Belief, Bitcoin Surge Information Stimulates More Buying
Crypto Card Spending Reaches $1.04 Billion, USDC/USDT Accounts for 70%
BitMart weighs phased restart and creditor payouts
FTX: Why Caroline Ellison and Gary Wang Will Not Face New Fines
In the FTX case, the CFTC bans Ms. Ellison and Mr. Wang from trading for 5 years but refrains from seeking new financial penalties.
Illinois crypto groups seek injunction against new tax
Term Labs vault exploit drains estimated $8.5M
INDODAX Highlights the Balance of Regulation and Innovation in Crypto Development - Fintech World
The crypto industry is entering a new phase as more traditional financial institutions begin to connect with digital assets and blockchain technology.
Local's access to global crypto platforms could end under Nigeria's proposed capital floor
Exchanges and custodians would need ₦2 billion in capital, while foreign-currency stablecoins face 120% backing.
Zcash Shielded Transactions Reach 90%, Reviving Financial Privacy Discussions
The proportion of shielded transactions for Zcash (ZEC) has been reported at around 90%, reviving discussions on financial privacy in the AI era. Grayscale notes that advancements in financial data analysis and surveillance technology are enhancing...
EU Evaluates Inclusion of DeFi Vaults in MiCA Regulation
Cryptocurrency Transfer Tax Effective from July 1
The tax on cryptocurrency and digital asset transfers is being collected under new rules starting July 1. These rules pertain to the transfer of such assets through service providers: income from the transaction is classified as other income for individuals and is subject to income tax at a rate of ...
EU Digital Asset Platforms Risk Losing 10 Million Users Due to MiCA Deadline
Today, digital asset platforms in the European Union are entering a crucial stage of regulation: starting from July 1, the MiCA rules will come into full effect, and according to Alex Fazel from SwissBorg, over 10 million crypto users may be forced to urgently seek a new provider.
4 Major Crypto Events in the Coming Week
Payward Q2 revenue hits $508M as EBITDA falls
$400M AI crypto treasury firm seeks second reverse split while restoring capacity for 3 billion shares
Digital Currency X shareholders will vote Sept. 3 on a 160-for-1 reverse stock split and a reset to 3 billion authorized shares.
Market makers build 603 million USD BTC, ETH shorts on Hyperliquid
Gemini Partners with Apex to Expand Crypto Event Contract Business
Number of MiCA Licensed Institutions Increases to 331, All New Additions from German Cooperative Banks
4 Important Economic Events This Week for the Crypto Market
Arthur Hayes: ETH Will Outperform Large-Cap Tokens in Market Rebound
...
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
