Standard Chartered to absorb Zodia Custody’s crypto business into its own operations: Bloomberg
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Standard Chartered is absorbing Zodia Custody's crypto business into its own operations, according to Bloomberg. The deal marks a significant expansion of Standard Chartered's digital asset capabilities. The acquisition is expected to enhance the bank's offerings in the growing crypto market. This move positions Standard Chartered to capitalize on increasing demand for institutional-grade crypto services.
Standard Chartered has agreed to acquire Zodia Custody's crypto business to fold into its own digital asset operations, per Bloomberg.