Standard Chartered has signed definitive agreements to acquire the entire shareholding of Zodia Custody Limited through its subsidiary Standard Chartered I H Limited. The transaction, which follows an accepted non-binding offer, remains subject to regulatory approvals and customary closing conditions. Zodia’s regulated digital asset custody operations will be integrated into the bank’s securities services activities. Its software and professional services business will instead be separated as Zodia Solutions under SC Ventures, with participation from existing institutional backers. Standard Chartered expects no disruption to service for Zodia Custody’s existing clients during the process.
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