Yesterday Zodia Custody announced it has integrated with the Fireblocks network. Zodia was founded by Standard Chartered with Northern Trust as a minority investor. Earlier this year Japan’s SBI took a significant stake in the digital asset custody firm.
With the collapse of FTX, institutions increasingly prefer to keep control of their assets rather than handing them over to trading venues. Hence, Zodia Interchange provides an institutional wallet that enables trading while keeping control over assets until the point of settlement.
By integrating with Fireblocks, Zodia enables its clients to control their assets while trading with any of the 1,800 counterparties on the Fireblocks network.
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