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Capital markets • News

Zodia Custody launches omnibus yet segregated digital asset wallet. Galaxy is first client

October 16, 2024
by Ledger Insights
digital asset custody

Today Zodia Custody announced the launch of ‘Unified Wallets’ for digital asset custody, a mixture of identifiable client wallets managed in an omnibus manner. The firm was founded by Standard Chartered and counts Northern Trust, National Australia Bank and SBI as investors. Galaxy is the first client for the Unified Wallet solution.

“By combining the flexibility of omnibus wallets with the security of segregated assets, we are putting forward a compelling proposition, making us best placed to support clients like Galaxy in their efforts to optimise digital asset operations,” said Julian Sawyer, CEO of Zodia Custody.

“Through Unified Wallets, we offer unprecedented cost savings, streamlined operations, a comprehensive portfolio-management view and unparalleled security — helping to unlock asset management activity scalably and securely.”

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