Sawyer confirmed that Standard Chartered’s full acquisition of the firm is on track to target a signing at the end of June and complete by the end of August. Standard Chartered is set to fully acquire Zodia Custody by the end of August, folding its digital custody operations into the bank and effectively retiring the Zodia Custody brand. The deal underscores how major banks are abandoning in-house experiments and instead buying established crypto platforms to gain trusted, institutional-grade t…
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