Standard Chartered is planning to integrate parts of its majority-owned Zodia Custody Ltd. with its digital asset operations. The bank aims to consolidate Zodia's crypto custody services into a unit within its corporate and investment banking division that offers similar services. Despite this integration, Zodia Custody will continue to operate independently as a crypto asset custody software-as-a-service business. An official announcement regarding this restructuring could be made as early as this month.
Standard Chartered to Integrate Zodia Custody with Digital Asset Operations
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
