Choreutidae

Standard Chartered and Northern Trust Announce Zodia Custody Receives FCA Registration

Retrieved on: 
Thursday, July 29, 2021
Banking, Professional services, Finance, Companies, Choreutidae, Banks, Service companies, Zodia, Standard Chartered, Money laundering, Northern Trust, Citigroup, Chartered

SC Ventures, the ventures and innovation arm of Standard Chartered, and Northern Trust, a leading asset servicing provider, announced today that Zodia Custody is now registered with the Financial Conduct Authority (FCA).

Key Points: 
  • SC Ventures, the ventures and innovation arm of Standard Chartered, and Northern Trust, a leading asset servicing provider, announced today that Zodia Custody is now registered with the Financial Conduct Authority (FCA).
  • Zodia Custody is one of nine cryptoasset businesses granted FCA registration under the UKs Money Laundering Regulations and has commenced commercial operations following a period of testing.
  • Maxime De Guillebon, Chief Executive Officer, Zodia Custody said: Zodia Custody marks an exciting development for the institutional custody market.
  • Zodia Custody further establishes Standard Chartered and Northern Trust as leaders in the development of digital asset infrastructure.

Standard Chartered and Northern Trust Partner to Launch Zodia, a Cryptocurrency Custodian for Institutional Investors

Retrieved on: 
Wednesday, December 9, 2020
Finance, Banking, Professional services, Technology, Software, Choreutidae, Zodia, Cryptocurrency

While there is increasing interest from institutional investors, they account for only 9% of investments in cryptocurrencies at present.

Key Points: 
  • While there is increasing interest from institutional investors, they account for only 9% of investments in cryptocurrencies at present.
  • Maxime De Guillebon, Chief Executive Officer of Zodia, said: Zodia was established to address the need for a cryptocurrency custodian that truly understands custody.
  • Zodia further establishes Standard Chartered and Northern Trust as leaders in the development of digital-asset infrastructure.
  • Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S.