Search results for Zodia Custody
Crypto
Standard Chartered considers folding parts of Zodia Custody business into investment bank
Standard Chartered is reviewing a plan to bring parts of Zodia Custody, a crypto custodian in which it holds a majority stake, into its investment banking unit. The bank is considering moving Zodia’s custody business into an in-house team that provides related services within its corporate and investment bank, while leaving Zodia to operate independently as a software-as-a-service platform for digital asset custody. A restructuring announcement could come this month.
Crypto
Dubai Insurance launches crypto wallet for premiums and claims payouts
Dubai Insurance has launched a digital wallet that allows customers to pay insurance premiums in cryptocurrency and receive claims payouts in digital assets, Cointelegraph reported on Jan. 28 local time. The wallet is built on Zodia Custody infrastructure and operates under UAE regulation. Zodia Custody executive Jane Suren said insurers need trusted infrastructure as digital asset adoption accelerates. Cointelegraph said supported assets and coverage across products have not been disclosed.
Crypto
Korea crypto corporate market opening reshapes alliances between finance and exchanges
South Korea’s push to open the corporate digital-asset market is reshaping cooperation between local crypto exchanges and financial institutions. Partnerships are expanding beyond real-name account arrangements into wealth management, FX remittances and custody infrastructure. Mirae Asset is seeking management control of Korbit via an affiliate, while Bithumb and Korea Investment & Securities plan joint wealth services. Dunamu and Hana Financial Group are working on stablecoin-based overseas remittances. The Financial Services Commission is preparing to outline its roadmap in 2026.