{"id":14810,"date":"2026-10-22T19:25:47","date_gmt":"2026-10-22T19:25:47","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=14810"},"modified":"2026-10-22T19:25:47","modified_gmt":"2026-10-22T19:25:47","slug":"standard-chartered-moves-to-bring-crypto-custody-in-house","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=14810","title":{"rendered":"Standard Chartered moves to bring crypto custody in-house"},"content":{"rendered":"<p><\/p>\n<div data-cs-editorial-figure-scope=\"\" data-cs-editorial-quote-scope=\"\" data-cs-image-viewer-scope=\"\" data-single-article-content=\"\">\n<p>Standard Chartered has signed an agreement to acquire Zodia Custody outright, bringing its institutional cryptocurrency custody business under direct ownership.<\/p>\n<p>The London-based bank said on Oct. 21 that its subsidiary, Standard Chartered I H Limited, will acquire 100% of Zodia Custody, including regulated operations across Singapore, Hong Kong, Australia, the United Arab Emirates and Luxembourg.<\/p>\n<p>The agreement advances a takeover proposal Zodia&#8217;s shareholders and noteholders accepted in May, moving the transaction toward completion pending regulatory approvals.<\/p>\n<p>Under the arrangement, Standard Chartered will integrate Zodia&#8217;s custody operations into its Securities Services division, adding cryptocurrency safekeeping to its existing traditional securities and digital asset services.<\/p>\n<p>The consolidation would allow Standard Chartered to serve institutional investors through a unified platform, potentially generating additional revenue from custody, settlement and other services as banks and asset managers increase their exposure to digital assets.<\/p>\n<p>Ying Ying Tan, Standard Chartered&#8217;s global head of Securities Services and Digital Assets, said the acquisition would strengthen the bank&#8217;s custody portfolio and expand its ability to serve institutional clients globally.<\/p>\n<p>The planned takeover also follows a series of investments by Standard Chartered to expand its digital asset business.<\/p>\n<p><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter shoggoth-infographic shoggoth-infographic-portrait wp-image-575238\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/exec-84e2415b-f612-432f-919b-3502676e59da.png\" alt=\"Timeline of Standard Chartered\u2019s proposed Zodia acquisition: the May 18, 2026 non-binding offer acceptance, October 21 definitive signing, remaining approvals and closing conditions, post-completion custody integration, and the separately planned Zodia Solutions software transfer.\" width=\"720\" height=\"900\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/exec-84e2415b-f612-432f-919b-3502676e59da.png 1122w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/exec-84e2415b-f612-432f-919b-3502676e59da-240x300.png 240w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/exec-84e2415b-f612-432f-919b-3502676e59da-819x1024.png 819w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/exec-84e2415b-f612-432f-919b-3502676e59da-768x960.png 768w\" sizes=\"auto, (max-width: 720px) 100vw, 720px\"\/><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"lazyload aligncenter shoggoth-infographic shoggoth-infographic-portrait wp-image-575238\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/exec-84e2415b-f612-432f-919b-3502676e59da.png\" alt=\"Timeline of Standard Chartered\u2019s proposed Zodia acquisition: the May 18, 2026 non-binding offer acceptance, October 21 definitive signing, remaining approvals and closing conditions, post-completion custody integration, and the separately planned Zodia Solutions software transfer.\" width=\"720\" height=\"900\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/exec-84e2415b-f612-432f-919b-3502676e59da.png 1122w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/exec-84e2415b-f612-432f-919b-3502676e59da-240x300.png 240w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/exec-84e2415b-f612-432f-919b-3502676e59da-819x1024.png 819w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/exec-84e2415b-f612-432f-919b-3502676e59da-768x960.png 768w\" data-sizes=\"(max-width: 720px) 100vw, 720px\"\/><\/p>\n<p>Earlier this month, the bank introduced custody services for Ripple&#8217;s RLUSD stablecoin, alongside plans to integrate the token into collateral arrangements with LMAX Group.<\/p>\n<aside id=\"cs-inline-newsletter-1\" class=\"cs-inline-newsletter cs-newsletter-brand\" data-newsletter-edition=\"catalyst\" data-inline-newsletter=\"\" data-newsletter-placement=\"article-midpoint\" aria-labelledby=\"cs-inline-newsletter-1-title\" aria-describedby=\"cs-inline-newsletter-1-copy\">\n<div class=\"cs-inline-newsletter__inner\">\n<div class=\"cs-inline-newsletter__content\">\n<div class=\"cs-inline-newsletter__editorial\">\n<p class=\"cs-inline-newsletter__eyebrow\">The Catalyst<\/p>\n<p class=\"cs-newsletter-frequency\">Daily Newsletter<\/p>\n<h2 id=\"cs-inline-newsletter-1-title\" class=\"cs-inline-newsletter__title\">Know what\u2019s moving crypto.<\/h2>\n<p id=\"cs-inline-newsletter-1-copy\" class=\"cs-inline-newsletter__copy\">Start with the stories that matter. Get the context behind the headlines and a clear view of what to watch next.<\/p>\n<\/div>\n<div class=\"cs-inline-newsletter__art\" aria-hidden=\"true\"> <img loading=\"lazy\" src=\"https:\/\/cryptoslate.com\/wp-content\/themes\/cryptoslate-2020\/images\/catalyst-newsletter-scrapbook-v3.webp\" alt=\"\" width=\"640\" height=\"640\" loading=\"lazy\" decoding=\"async\"\/><img loading=\"lazy\" class=\"lazyload\" src=\"https:\/\/cryptoslate.com\/wp-content\/themes\/cryptoslate-2020\/images\/catalyst-newsletter-scrapbook-v3.webp\" alt=\"\" width=\"640\" height=\"640\" loading=\"lazy\" decoding=\"async\"\/><\/div>\n<\/div>\n<\/div>\n<\/aside>\n<p>It has also expanded Bitcoin and Ethereum trading for institutional investors in the UAE and announced plans to offer custody for selected cryptocurrencies, stablecoins and tokenized real-world assets in Singapore.<\/p>\n<p>These developments would let Standard Chartered combine trading, custody, and collateral management within its existing banking relationships, potentially reducing institutional clients&#8217; reliance on multiple service providers.<\/p>\n<h2>Zodia restructuring opens another institutional revenue opportunity<\/h2>\n<p>Beyond bringing custody under its direct control, Standard Chartered is spinning off Zodia&#8217;s software and professional services division into a new company, Zodia Solutions.<\/p>\n<p>The independent business, established under the bank&#8217;s venture arm SC Ventures, will provide digital asset infrastructure to financial institutions seeking to launch or expand blockchain-based financial services.<\/p>\n<p>Investors will include Northern Trust, NAB Ventures, SBI Ventures, Emirates NBD, and other financial institutions, while Standard Chartered will remain a customer.<\/p>\n<p>The arrangement gives the bank exposure to a separate technology business serving financial institutions, even as it consolidates regulated custody operations within its traditional banking structure.<\/p>\n<p>Zodia Solutions Chief Executive Craig Perrin said financial institutions were increasingly moving beyond experimental digital asset projects toward full-scale operations, creating demand for specialist infrastructure providers.<\/p>\n<p>The separation also reflects the different commercial opportunities emerging as traditional financial institutions expand their cryptocurrency businesses.<\/p>\n<div class=\"cs-article-embed\">\n<p> <span class=\"cs-article-embed__related-reading\">Related Reading<\/span><\/p>\n<h3 class=\"cs-article-embed__title\">Kraken moves to acquire $181 million European bank in major push beyond crypto trading<\/h3>\n<\/p>\n<p> <span class=\"cs-article-embed__arrow\" aria-hidden=\"true\"> <i class=\"fa-light fa-arrow-up-right\"\/> <\/span> <\/div>\n<p>Custody providers can earn revenue by safeguarding institutional assets, while infrastructure companies can supply the underlying technology to banks that want to offer similar services without building their own platforms.<\/p>\n<p>Standard Chartered&#8217;s wider digital asset strategy already includes Zodia Markets, which provides trading infrastructure, and Libeara, a tokenization platform.<\/p>\n<p>Together, these operations give the bank access to several parts of the institutional digital asset market, from tokenized securities and trading to custody and technology services.<\/p>\n<\/div>\n<p>Banking,Deals,Featured,regulation,Standard Chartered,Zodia custodyregulation,Standard Chartered,Zodia custody#Standard #Chartered #moves #bring #crypto #custody #inhouse1792697147<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Standard Chartered has signed an agreement to acquire Zodia Custody outright, bringing its institutional cryptocurrency custody business under direct ownership. The London-based bank said on Oct. 21 that its subsidiary, Standard Chartered I H Limited, will acquire 100% of Zodia Custody, including regulated operations across Singapore, Hong Kong, Australia, the United Arab Emirates and Luxembourg.<\/p>\n","protected":false},"author":1,"featured_media":14811,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[819,497,62,994,5504,761,389,496,7439,4929],"class_list":["post-14810","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ethereum","tag-bring","tag-chartered","tag-crypto","tag-custody","tag-inhouse","tag-moves","tag-regulation","tag-standard","tag-standard-chartered","tag-zodia-custody"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Standard Chartered moves to bring crypto custody in-house - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"description\" content=\"Standard Chartered agreed to acquire 100% of Zodia Custody, bringing regulated crypto custody operations into its banking business.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=14810\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Standard Chartered moves to bring crypto custody in-house\" \/>\n<meta property=\"og:description\" content=\"Standard Chartered agreed to acquire 100% of Zodia Custody, bringing regulated crypto custody operations into its banking business.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.uk.com\/?p=14810\" \/>\n<meta property=\"og:site_name\" content=\"Crypto News: Latest Cryptocurrency News and Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2026-10-22T19:25:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/10\/zodia-custody-transaction-split.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"\u884c\u653f\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u884c\u653f\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=14810\",\"url\":\"https:\/\/cryptonews.uk.com\/?p=14810\",\"name\":\"Standard Chartered moves to bring crypto custody in-house - Crypto News: Latest Cryptocurrency News and Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=14810#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=14810#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/10\/zodia-custody-transaction-split.webp\",\"datePublished\":\"2026-10-22T19:25:47+00:00\",\"author\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\"},\"description\":\"Standard Chartered agreed to acquire 100% of Zodia Custody, bringing regulated crypto custody operations into its banking business.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=14810#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptonews.uk.com\/?p=14810\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=14810#primaryimage\",\"url\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/10\/zodia-custody-transaction-split.webp\",\"contentUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/10\/zodia-custody-transaction-split.webp\",\"width\":1280,\"height\":720},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=14810#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptonews.uk.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Standard Chartered moves to bring crypto custody in-house\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptonews.uk.com\/#website\",\"url\":\"https:\/\/cryptonews.uk.com\/\",\"name\":\"Crypto News: Latest Cryptocurrency News and Analysis\",\"description\":\"Latest Crypto &amp; 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