Standard Chartered plans to merge its majority‑owned Zodia Custody Ltd’s crypto custody business into its corporate and investment bank’s digital‑asset division.
Zodia Custody will remain a standalone SaaS provider for crypto‑asset custody despite the integration.
Minority investors—Northern Trust, Emirates NBD, National Australia Bank and SBI Holdings—have not yet been confirmed as consulted.
An official announcement on the restructuring is expected later this month, following Zodia’s multiple external capital raises since its 2020 launch.