Zodia Custody Partners with Metaco for Global Crypto Storage Network

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Source: CoinDesk
Zodia Custody Partners with Metaco for Global Crypto Storage Network
Photo: CoinDesk
TL;DR Summary

Zodia Custody, a cryptocurrency storage provider backed by Standard Chartered, is joining Ripple-owned custody specialist Metaco's network to offer global sub-custody services. The integration aims to link multiple custodians together and provide compliant storage and settlement of digital assets for institutions worldwide. This move reflects the evolving infrastructure of crypto custody, resembling traditional finance practices, and highlights the growing popularity of crypto storage and settlement networks. Zodia Custody has expanded its operations to Singapore, while its sister company, Zodia Markets, has received approval to operate as an OTC crypto broker-dealer in Abu Dhabi.

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