{"id":23532,"date":"2023-09-20T00:47:07","date_gmt":"2023-09-20T00:47:07","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/standard-chartereds-zodia-custody-expands-yield-services-on-crypto-assets\/"},"modified":"2023-09-20T00:47:07","modified_gmt":"2023-09-20T00:47:07","slug":"standard-chartereds-zodia-custody-expands-yield-services-on-crypto-assets","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/standard-chartereds-zodia-custody-expands-yield-services-on-crypto-assets\/","title":{"rendered":"Standard Chartered’s Zodia Custody Expands Yield Services on Crypto Assets"},"content":{"rendered":"

(Originally posted on : Crypto News – iGaming.org )<\/b>
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British multinational bank, Standard Chartered, has a crypto-focused subsidiary known as Zodia Custody. In recent news, Zodia Custody is rolling out a service to allow its clients to maximize their returns on cryptocurrency holdings.<\/p>\n

Teaming up with OpenEden, the new offering titled \u201cZodia Custody Yield\u201d provides a mechanism to tokenize tangible assets, such as treasury bills. This unique approach permits investors to capitalize on blockchain\u2019s strengths and simultaneously receive a yield on their investments.<\/p>\n

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5BTC or 111% + 111 Free Spins!<\/strong> <\/p>\n

New players only. Exclusive 111% Welcome Bonus + 111 Free Spins<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

One of the enticing aspects of this service is its appeal to institutional investors. Zodia Custody offers these investors a pathway to benefit from the latent yield potential of their on-chain assets. This is achieved without sacrificing the bank-level security that Zodia Custody is renowned for. An integral part of the yield strategy is staking. In staking, individuals commit their digital assets to buttress the blockchain. As a reward, they receive periodic cryptocurrency payouts.<\/p>\n

Zodia\u2019s initiative is an answer to the institutional craving for transparent digital asset products. These products should be low-risk, easy to liquidate, and offer clear insight into the way returns are generated, especially for stablecoin owners.<\/p>\n

The magnitude of the opportunity is immense, as Jeremy Ng, OpenEden\u2019s co-founder, points out. Ng states, \u201cThere are billions of dollars worth of stablecoins sitting on the sidelines when they could easily be generating yields for investors.\u201d Both OpenEden and Zodia Custody are eager to present this lucrative possibility to institutions.<\/p>\n

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5BTC or 111% + 111 Free Spins!<\/strong> <\/p>\n

New players only. Exclusive 111% Welcome Bonus + 111 Free Spins<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

Describing the company\u2019s approach, Ng elaborates on the vision to present tokenized financial products. These products should be transparent and, above all, secure for investors.<\/p>\n

In echoing the sentiment of opportunity, Julian Sawyer, the CEO of Zodia Custody, opines on the vast potential in transferring traditional finance elements to the realm of digital assets.<\/p>\n

Furthermore, Zodia Custody is on a growth trajectory. The company unveiled its intentions to widen its crypto custody services, with Singapore being the most recent addition to their global network.<\/p>\n<\/p><\/div>\n

Source link <\/a>
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(Originally posted on : Crypto News – iGaming.org ) British multinational bank, Standard Chartered, has a crypto-focused subsidiary known as Zodia Custody. In recent news, Zodia Custody is rolling out a service to allow its clients to maximize their returns on cryptocurrency holdings. Teaming up with OpenEden, the new offering titled \u201cZodia Custody Yield\u201d provides […]<\/p>\n","protected":false},"author":5,"featured_media":23533,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/23532"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=23532"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/23532\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/23533"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=23532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=23532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=23532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}