Standard Chartered signs definitive agreement to fully acquire Zodia Custody; custody business to be integrated into the bank, software business to operate separately
Oct 21, 20:07
October 21 – According to The Block, Standard Chartered has signed a definitive agreement to acquire 100% of the equity of crypto asset custodian Zodia Custody, with the transaction still subject to regulatory approval. Under the arrangement, Zodia Custody's custody business will be integrated into Standard Chartered, while its software business will be transferred to an independent company backed by SC Ventures, Standard Chartered's venture capital arm.