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Standard Chartered's Zodia to Offer Crypto Brokerage to Institutional Investors in Ireland: Report
Standard Chartered's joint venture with Northern Trust, Zodia Custody, was launched in December.
Standard Chartered is set to offer crypto brokerage services to institutional investors through its Zodia Custody service.
STORY CONTINUES BELOW
- Zodia Custody plans to offer its brokerage service to institutional investors in Ireland, according to a report Sunday by the Irish Independent.
- The exchange and brokerage service was established as a joint venture between Standard Chartered and wealth-management firm Northern Trust in December.
- The firms said at the time that Zodia would provide crypto custody services for bitcoin and ethereum initially with litecoin, bitcoin cash and XRP added later.
- In the U.K., Zodia is one of eight firms to have won registration from the Financial Conduct Authorities authorizing it to offer crypto custody and brokerage services under anti-money laundering and terrorist financing regulations.
Read more: Standard Chartered, OSL Parent in Pact to Create Digital Assets Platform
Jamie Crawley
Jamie has been part of CoinDesk's news team since February 2021, focusing on breaking news, Bitcoin tech and protocols and crypto VC. He holds BTC, ETH and DOGE.
