Capital markets News

StanChart’s Zodia inks custody deal with Securitize, BlackRock’s tokenization partner

digital asset custody

Zodia Custody announced it is now one of the custody providers for Securitize, BlackRock’s tokenization partner. In March the asset manager unveiled the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), a tokenized money market fund (MMF). It’s now the largest tokenized MMF with a market capitalization of $530 million and minimum investment of $5 million.

What Zodia Custody brings to the table is bank grade digital asset custody. It was founded by Standard Chartered and Northern Trust, with SBI and National Australia Bank subsequently joining as investors.

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