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Add as a preferred source on GoogleStandard Chartered Signs Deal to Acquire Full Ownership of Zodia Custody
Zodia’s custody business is expected to join the bank after closing, while its software business is planned for a separate company backed by SC Ventures.
Standard Chartered has signed a definitive agreement to acquire all of crypto custodian Zodia Custody, pending regulatory approval.
Standard Chartered plans to acquire 100% of Zodia Custody.
After the deal closes, Zodia Custody’s custody business is expected to become part of Standard Chartered. Zodia’s software business is planned to move to a separate company backed by SC Ventures.
The purchase still requires regulatory approval.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.