{"id":24881,"date":"2023-12-04T12:38:24","date_gmt":"2023-12-04T12:38:24","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/standard-chartered-zodia-integrates-ripple-owned-metacos-crypto-storage-services\/"},"modified":"2023-12-04T12:38:24","modified_gmt":"2023-12-04T12:38:24","slug":"standard-chartered-zodia-integrates-ripple-owned-metacos-crypto-storage-services","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/standard-chartered-zodia-integrates-ripple-owned-metacos-crypto-storage-services\/","title":{"rendered":"Standard Chartered Zodia integrates Ripple-owned Metaco\u2019s crypto storage services"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2021\/09\/1631187366246-d20900de-5fcb-4a91-a7db-904111307146-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2021\/09\/1631187366246-d20900de-5fcb-4a91-a7db-904111307146-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2021\/09\/1631187366246-d20900de-5fcb-4a91-a7db-904111307146-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2021\/09\/1631187366246-d20900de-5fcb-4a91-a7db-904111307146-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>Zodia Custody, backed by Standard Chartered Bank, integrates Metaco\u2019s crypto storage.<\/li>\n<li>The move is aimed at enhancing global sub-custody services for cryptocurrencies.<\/li>\n<li>The collaboration reflects the third generation of crypto custody, linking multiple custodians for secure and compliant management of digital assets.<\/li>\n<\/ul>\n<p>In a strategic move to enhance global sub-custody services for <a href=\"https:\/\/coinjournal.net\/news\/tag\/cryptocurrency\/\">cryptocurrencies<\/a>, Zodia Custody, backed by Standard Chartered Bank, has integrated Metaco network\u2019s crypto storage services.<\/p>\n<p>This collaboration aims to redefine crypto custody and settlement processes, resembling traditional finance models. The move comes amid increasing demand for secure digital asset storage and reflects the evolution of the crypto industry.<\/p>\n<h2>Zodia Custody\u2019s partnership with Metaco<\/h2>\n<p>Zodia Custody\u2019s integration of Metaco network\u2019s crypto storage services is designed to offer global sub-custody services for cryptocurrencies, enabling Metaco to store client funds securely and facilitate efficient fund management. CEO Julian Sawyer emphasizes the evolution of crypto custody into a third generation, where multiple custodians are interconnected.<\/p>\n<p>This integration aligns with Zodia\u2019s expansion, having recently extended its services in Hong Kong in response to rising institutional demand.<\/p>\n<h2>Metaco\u2019s role and industry dynamics<\/h2>\n<p>Swiss-based firm Metaco, now under Ripple\u2019s ownership <a href=\"https:\/\/coinjournal.net\/news\/ripple-acquires-swiss-based-crypto-custody-provider-metaco\/\">following a $250 million acquisition earlier this year<\/a>, leverages Ripple\u2019s scale and market strength. The collaboration with Zodia Custody aims to accelerate reaching clients and providing advanced crypto storage solutions.<\/p>\n<p>Notably, as the crypto industry grapples with trust and transparency issues, the integration of Metaco\u2019s services into Zodia Custody signifies a crucial step in addressing these concerns. This move also aligns with broader industry trends, as evidenced by HSBC\u2019s plans to launch a custody service in 2024, excluding cryptocurrencies, in partnership with Metaco.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/standard-chartered-zodia-integrates-ripple-owned-metacos-crypto-storage-services\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) Zodia Custody, backed by Standard Chartered Bank, integrates Metaco\u2019s crypto storage. The move is aimed at enhancing global sub-custody services for cryptocurrencies. The collaboration reflects the third generation of crypto custody, linking multiple custodians for secure and compliant management of digital assets. In [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":24882,"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":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/24881"}],"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\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=24881"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/24881\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/24882"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=24881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=24881"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=24881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}