Standard Chartered's flirting with bringing Zodia Custody in-house. After years of hype, is this the quiet admission that crypto custody doesn't pay standalone?
theAIcatchupApr 08, 20264 min read
⚡ Key Takeaways
Standard Chartered plans to internalize Zodia Custody's core ops into its CIB division.𝕏
Move echoes big banks like BNY Mellon and Morgan Stanley grabbing custody in-house.𝕏
Minority shareholders' fate unclear; signals end of standalone crypto custodians.𝕏
The 60-Second TL;DR
Standard Chartered plans to internalize Zodia Custody's core ops into its CIB division.
Move echoes big banks like BNY Mellon and Morgan Stanley grabbing custody in-house.
Minority shareholders' fate unclear; signals end of standalone crypto custodians.