Bitcoin Boosts Standard Chartered Digital Assets

Standard Chartered to Integrate Zodia Custody with Digital Asset Division

• Standard Chartered plans to merge parts of Zodia Custody into its digital assets division.
• Zodia Custody, established in late 2020, is a joint venture between Standard Chartered, Northern Trust, and SBI Holdings.
• The integration will maintain Zodia as a standalone software-as-a-service platform for custody technology.
• The digital asset custody market is projected to grow from over $1 trillion in 2026 to more than $7 trillion by 2035.
• In January, Zodia became the first custodian to support AUDM, an Australian dollar–denominated stablecoin.

Standard Chartered’s integration of Zodia Custody aims to enhance its digital asset services amid rapid market growth and increasing institutional demand for secure custody solutions.