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2026-06-03 19:29:53 UTC

RWATimes on Nostr: 📰 Standard Chartered Digs Into Crypto Custody for Institutional Pay 🗓️ Jun 03 ...

📰 Standard Chartered Digs Into Crypto Custody for Institutional Pay
🗓️ Jun 03 2026 15:19 UTC - Riya Kapoor

Standard Chartered moves to acquire Zodia Custody. Analysts eye institutional risk and competitive pressure in the race for digital asset dominance.

➤ Standard Chartered is acquiring Zodia Custody to expand its digital asset custody services for institutional clients, bypassing the need for in-house infrastructure development.
➤ The acquisition aims to leverage Zodia's existing global footprint and technical capabilities to create a new revenue stream through white-labeling services, focusing on compliance (AML/KYC).
➤ Despite the strategic move, Standard Chartered faces significant competition, counterparty risks, and regulatory uncertainties across different jurisdictions, particularly concerning accounting standards for tokenized assets.

#standardchartered #zodiacustody #cryptocustody #institutionalinvestors #digitalassets #aml #kyc #regulatoryfragmentation #globalcustody #tokenization

🔗 Read more at: https://rwatimes.io/articles/whalesbook-standard-chartered-digs-into-crypto-custody-for-institutional-pay-3891798046