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.

Aug 9, 2021 at 12:11 p.m. UTC

Updated Sep 14, 2021 at 1:37 p.m. UTC

Standard Chartered is set to offer crypto brokerage services to institutional investors through its Zodia Custody service.

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.

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