Standard Chartered to Acquire Remainder of Subsidiary Zodia Custody
10 Articles
10 Articles
Standard Chartered To Absorb Zodia Custody's Core Business In Digital Asset Consolidation
Standard Chartered announced Monday that its non-binding offer to acquire Zodia Custody — the digital asset custodian it co-founded in 2020 through its innovation arm SC Ventures — has been accepted by Zodia’s shareholders and noteholders. The deal, subject to regulatory approvals, will fold Zodia’s regulated custody operations into Standard Chartered’s existing Financing and Securities Services business. The transaction is less a traditional ac…
The Standard Chartered bank plans to integrate Zodia Custody’s digital asset custody business into its own operations, thus expanding its institutional presence in the crypto market. *** Standard Chartered seeks to directly incorporate Zodia Custody’s crypto asset custody unit. The operation aims to expand digital asset services to markets such as the UK and Australia. Zodia’s technological infrastructure will continue to operate separately unde…
Standard Chartered to acquire all Zodia Custody shares
🟢 Standard Chartered moves to fully acquire Zodia Custody. All shares will pass to the bank as competitors enter $BTC custody. Continue Reading: Standard Chartered to acquire all Zodia Custody shares The post Standard Chartered to acquire all Zodia Custody shares appeared first on COINTURK NEWS .
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