According to Huoxun Finance, Standard Chartered Bank plans to bring its Zodia Custody client-side hosting business back into its Corporate & Investment Bank (CIB) digital assets division, with an announcement expected as early as this month. Following the restructuring, Zodia will continue to operate solely as a standalone hosting technology software-as-a-service (SaaS) platform. Standard Chartered established Zodia Custody in late 2020 through its innovation arm, SC Ventures, in partnership with Northern Trust. It subsequently attracted minority equity investors including SBI Holdings, National Australia Bank, and Emirates NBD, and currently employs approximately 150 people across seven offices worldwide.
Bloomberg: Standard Chartered plans to bring Zodia's crypto custody business back into internal operations.
2026-04-09 02:48:02
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