Standard Chartered & Northern Trust to launch of Zodia, a custodian for institutional investors

On December 9th, 2020, SC Ventures, the innovation and venture unit of Standard Chartered, and Northern Trust announced the launch of Zodia Custody, an institutional-grade custody solution for cryptocurrencies. The agreement is subject to registration with the UK Financial Conduct Authority, all applicable regulatory filings, and customary closing conditions. Under…

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