Zodia Custody's Strategic Acquisition Propels UAE Expansion

Zodia Custody Completes Acquisition Of Tungsten Custody Solutions, Deepens UAE Presence - FinanceFeeds

Zodia Custody has finalized the acquisition of Tungsten Custody Solutions, a regulated digital asset custodian based in the United Arab Emirates. The move strengthens Zodia Custody’s operational footprint in the region and brings with it regulatory approvals critical to expanding the firm’s institutional services across the Middle East. The transaction follows Zodia’s April announcement of its intent to acquire Tungsten. With the deal now closed…

Zodia Custody Completes Acquisition of Abu Dhabi's Tungsten Custody Solutions - Fintechnews Middle East

Zodia Custody, a London-based institution-focused digital assets platform backed by Standard Chartered Ventures, Emirates NBD, Northern Trust, SBI Holdings, and National Australia Bank Ventures, has announced the completion of its acquisition of Tungsten Custody Solutions, a regulated digital asset custodian based in the UAE. This follows an earlier announcement in April regarding Zodia Custody’s intent to acquire Tungsten. The acquisition stren…

Zodia Custody's Strategic Acquisition Propels UAE Expansion

BitcoinWorld Zodia Custody’s Strategic Acquisition Propels UAE Expansion In the rapidly evolving world of digital assets, strategic moves by key players often signal significant shifts in the market. The recent announcement that Zodia Custody, a leading institutional-grade crypto custodian, has successfully acquired UAE-based Tungsten Custody Solutions, is one such pivotal moment. This isn’t just another corporate deal; it’s a powerful statement…

Zodia Custody Completes Tungsten Custody Acquisition to Cement UAE Presence

Quick take: The acquisition enhances Zodia Custody’s ability to secure digital assets in the UAE, one of the jurisdictions seen as leading the transition to a new age in digital finance. It also accelerates Zodia Custody’s expansion campaign at a time when traditional financial institutions are embracing crypto more. The company plans to continue pursuing Tungsten’s push for a full Virtual Asset Service Provider (VASP) license from Dubai’s Virt…

Zodia Custody Cements UAE Presence with Completion of Acquisition of Tungsten Custody Solutions

Zodia Custody, the institution-first digital assets platform backed by Standard Chartered Ventures, Emirates NBD, Northern Trust, SBI Holdings, and National Australia Bank Ventures, today announced the completion of its acquisition of Tungsten Custody Solutions, a regulated digital asset custodian headquartered in the United Arab Emirates. This follows Zodia Custody’s initial announcement of its intent to acquire Tungsten Custody Solutions in Ap…

Zodia Custody acquires Tungsten Custody Solutions - Asset Servicing Times

The deal confers Tungsten’s licensing within ADGM — the international financial centre of Abu Dhabi — from the Financial Services Regulatory Authority to Zodia Custody