Standard Chartered-backed Zodia custody joins Ripple-owned Metaco’s global crypto storage network
Zodia Custody, a cryptocurrency storage provider supported by Standard Chartered Bank (STAN), announced on Monday that it is joining the custody expert Metaco network under Ripple, which aims to handle the custody and settlement of digital assets for institutions around the world.
Cryptocurrency storage and settlement networks are becoming increasingly popular, where assets are held in custody to eliminate counterparty risk, especially after the explosion and collapse of companies like FTX last year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget Trading Club Championship (Phase 21)—Up to 1250 BGB per user, plus a ZETA pool and Mystery Boxes
Bitget Spot Margin Announcement on Suspension of MDT/USDT, RAD/USDT, FIS/USDT, CHESS/USDT, RDNT/USDT Margin Trading Services
STABLEUSDT now launched for futures trading and trading bots
Martingale bot upgraded–simpler setup, more flexible features
