Standard Chartered Moves To Take Full Control Of Zodia Custody

Standard Chartered has signed definitive agreements to acquire 100% of Zodia Custody Limited through Standard Chartered I H Limited. This move integrates Zodia Custody's bitcoin and crypto services directly into the banking group to deepen its institutional digital asset safekeeping capabilities. The acquisition follows a previously accepted non-binding offer and remains subject to customary closing conditions and regulatory approvals. This strategic step brings one of the bank's prominent digital asset ventures closer to its central operations.