Standard Chartered Integrates Crypto Custody, Zodia Custody
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Standard Chartereds Zodia Custody is integrating into its corporate and investment banking division, while maintaining Zodia as a standalone digital asset custody platform. This move aligns with Standard Chartereds crypto expansion, aiming for a prime brokerage and institutional trading launch. Big banks globally are following suit, seeking tighter control over crypto custody, as seen with Morgan Stanleys US trust bank charter application and BNY Mellons digital asset platform. This consolidation is driving innovation and reducing intermediaries in the rapidly evolving crypto sector.
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