Standard Chartered acquisition targets crypto custody, integrates with Zodia for expansion, enhancing digital asset services globally.

Standard Chartered acquisition targets crypto custody, integrates with Zodia for expansion, enhancing digital asset services globally.

The bank's non-binding offer to acquire Zodia Custody has been accepted by the firm's other shareholders and noteholders.

Standard Chartered has agreed to acquire Zodia Custody's crypto business to fold into its own digital asset operations, per Bloomberg.