Standard Chartered has agreed to purchase Zodia Custody, a UK-based digital asset custody provider, after signing definitive acquisition agreements.

Source
"Standard Chartered to Acquire Zodia Custody" — The Block

This article is Bitcoincryptos' summary and analysis of reporting originally published by The Block. Read the full original report at the link above.

The deal is contingent on regulatory approval, which is expected to be granted soon.

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Zodia Custody offers institutional-grade custody solutions for digital assets, and the acquisition will enable Standard Chartered to expand its custody services.