CandleFocus Standard Chartered-backed Zodia Custody aims to raise $50m in funding round
2024-11-04
Author: Content Editor
Zodia Custody, a crypto custodian backed by Standard Chartered, is looking to raise $50 million in funding to expand its operations and product range. The company aims to enter new regions and partner with firms in the payment and tokenization sectors. Architect Partners, an advisory firm, is assisting Zodia Custody with the fundraising initiative. Other major banks, including Bank of New York Mellon and Citigroup, have also entered the crypto custody space. Zodia Custody previously raised $36 million in funding in 2023.
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