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Standard Chartered is planning to integrate Zodia Custody’s business into its corporate and investment bank division as early as this month.
Standard Chartered plans to integrate Zodia Custody into its corporate and investment bank division this month.
KEY POINTS
- Zodia Custody will continue as a white-label SaaS platform for other banks and fintechs after the merger.
- The merger eliminates redundant custody infrastructure by consolidating both functions under a single regulated entity.
- Standard Chartered secured an EU crypto custody license in Luxembourg in January 2025, enabling this integration.
- This move positions Standard Chartered as a direct competitor to specialist crypto custodians amid industry consolidation.
COMPANIES
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