Is Standard Chartered buying Zodia Custody?

Reports say yes, full acquisition to merge with their digital assets unit. Announcement possibly this month, but no confirmation yet.

What does Zodia Custody do?

Provides crypto custody for institutions, with SaaS platform potential. Started as StanChart-Northern Trust JV in 2020, now expanding stablecoins.

Regulatory thaw plus ETF demand. It's a fee goldmine amid competition from Coinbase, Fireblocks.

🔗 Crypto & Blockchain

Banks swore off crypto just years ago. Now Standard Chartered wants to own Zodia Custody outright. What's the endgame here?

theAIcatchup Apr 08, 2026 4 min read

Standard Chartered plans full Zodia Custody acquisition to integrate into its digital assets division. 𝕏
Deal highlights banks' defensive push into crypto custody amid rising competition and regulation. 𝕏
Skeptical view: More consolidation than innovation, with risks of bureaucracy stifling Zodia's edge. 𝕏

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Markets. Money. Innovation.

#Standard Chartered #Zodia Custody #bank acquisition #crypto custody

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Originally reported by CoinDesk