{"id":70837,"date":"2026-04-08T16:39:51","date_gmt":"2026-04-08T16:39:51","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/standard-chartered-to-fold-zodia-custody-into-cib-crypto-division-crypto-news-bitcoin-news\/"},"modified":"2026-04-08T16:39:51","modified_gmt":"2026-04-08T16:39:51","slug":"standard-chartered-to-fold-zodia-custody-into-cib-crypto-division-crypto-news-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/standard-chartered-to-fold-zodia-custody-into-cib-crypto-division-crypto-news-bitcoin-news\/","title":{"rendered":"Standard Chartered to Fold Zodia Custody Into CIB Crypto Division \u2013 Crypto News Bitcoin News"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<p><strong>Key Takeaways:<\/strong><\/p>\n<ul>\n<li>Standard Chartered plans to fold Zodia Custody\u2019s core operations into its CIB division as early as April 2026, Bloomberg reported.<\/li>\n<li>Zodia Custody will retain its independent SaaS model, serving third-party banks in 7 global locations across 75+ assets.<\/li>\n<li>No official comment from Standard Chartered has been issued, leaving minority shareholder status with SBI Holdings and NAB unclear.<\/li>\n<\/ul>\n<h2>Report Says Standard Chartered <span>Crypto<\/span> Custody Overhaul Could Come in April 2026<\/h2>\n<p>The discussions are private and ongoing, according to <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-04-08\/stanchart-weighs-partial-takeover-of-crypto-custodian-zodia\" target=\"_blank\" rel=\"noopener noreferrer\">Bloomberg\u2019s report<\/a>, with an announcement potentially arriving as early as April 2026. The plan calls for merging duplicate custody functions that currently run in parallel inside the bank and inside Zodia Custody, which <a href=\"https:\/\/news.bitcoin.com\/standard-chartered-cuts-btc-eth-xrp-sol-forecasts\/\">Standard Chartered<\/a> launched in late 2020 through its innovation arm SC Ventures alongside Northern Trust.<\/p>\n<p>Zodia Custody is not expected to disappear. The company would continue operating as a standalone software-as-a-service platform, offering white-label <span>crypto<\/span> custody to other financial institutions under their own branding. The practical outcome is a split identity: custody services for the bank\u2019s clients folded inward, while the SaaS business faces outward toward third-party <a href=\"https:\/\/news.bitcoin.com\/local-banks-pilot-jpmorgans-jpm-coin-in-argentina\/\">banks<\/a> and <a href=\"https:\/\/news.bitcoin.com\/south-korean-fintech-toss-targets-web3-finance-with-proprietary-mainnet-and-24-stablecoin-trademarks\/\">fintechs<\/a>.<\/p>\n<p>The rationale is operational efficiency. Standard Chartered has been building direct digital asset custody and trading services inside its CIB division since at least 2024, including <a href=\"https:\/\/news.bitcoin.com\/ripple-deepens-uae-bank-relationship-with-zand-to-explore-stablecoin-initiatives\/\">UAE<\/a>-focused custody services launched in September of that year. Running the same function through both CIB and a separate venture entity creates redundancy. The integration would eliminate that overlap.<\/p>\n<p><a href=\"https:\/\/news.bitcoin.com\/dubai-insurance-launches-crypto%e2%80%91enabled-insurance-wallet-with-zodia-custody\/\">Zodia Custody<\/a> holds regulatory licenses in the UK under the Financial Conduct Authority, Luxembourg under MiCA, Hong Kong, and Singapore. It operates from seven offices globally and supports custody for more than 75 <span>cryptocurrencies<\/span> and tokenized assets. The firm has positioned itself since inception as \u201cborn from banking, built for digital assets,\u201d with bank-grade compliance and insolvency protections built into its framework.<\/p>\n<p>SBI Holdings of Japan, National Australia Bank, and Emirates NBD hold minority stakes in Zodia Custody. It is unclear whether those shareholders have been formally consulted. No official statement from Standard Chartered or Zodia Custody had been issued as of Wednesday, April 8, 2026.<\/p>\n<p>Standard Chartered\u2019s broader <span>crypto<\/span> push has accelerated through SC Ventures, its venture and fintech investment arm. The portfolio includes Zodia Markets, an institutional trading and <span>stablecoin<\/span> payments platform whose CEO Usman Ahmad departed in March 2026, and Libeara, a tokenization company. In January 2026, SC Ventures announced plans for a <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">crypto<\/a> prime brokerage.<\/p>\n<p>The bank also signed a memorandum of understanding with South Korea\u2019s Hana Financial Group for <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-stablecoins\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">stablecoin<\/a> ventures and is positioned as a candidate for one of Hong Kong\u2019s first <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-stablecoins\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">stablecoin<\/a> issuer licenses. In November 2025, it launched a stablecoin-linked credit card partnership in <a href=\"https:\/\/news.bitcoin.com\/ripple-enters-singapore-central-bank-program-piloting-xrp-ledger-and-rlusd-use\/\">Singapore<\/a>.<\/p>\n<p>A 2025 partnership with <a href=\"https:\/\/news.bitcoin.com\/galaxy-digital-authorizes-200m-share-buyback-as-stock-rebounds\/\">Galaxy Digital<\/a> saw Zodia Custody provide institutional <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-staking\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">staking<\/a> services for European clients, covering $4.2 billion in assets at the time. Other integrations include Bitfinex, Membrane Labs, and Fireblocks through Zodia Markets.<\/p>\n<p>The move mirrors a pattern gaining momentum across global banking. As regulatory clarity firms up in major jurisdictions, traditional banks are pulling digital asset functions out of experimental venture arms and into core regulated operations. The EU\u2019s MiCA framework, UAE\u2019s VARA regime, and Hong Kong\u2019s <a href=\"https:\/\/news.bitcoin.com\/morph-report-shows-stablecoins-reshaping-global-payments-infrastructure\/\">stablecoin<\/a> licensing rules have each contributed to that shift.<\/p>\n<p>For corporate and institutional clients of Standard Chartered, the integration could mean a single custody solution combining traditional securities and digital assets under one regulated entity, reducing operational friction on settlement and compliance.<\/p>\n<p>For Zodia Custody, the SaaS model remains intact. Banks and fintechs seeking a custody solution they can deploy under their own brand would still have access to the platform.<\/p>\n<\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/standard-chartered-to-fold-zodia-custody-into-cib-crypto-division\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways: Standard Chartered plans to fold Zodia Custody\u2019s core operations into its CIB division as early as April 2026, Bloomberg reported. Zodia Custody will retain its independent SaaS model, serving third-party banks in 7 global locations across 75+ assets. No official comment from Standard Chartered has been [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":70838,"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":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/70837"}],"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\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=70837"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/70837\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/70838"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=70837"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=70837"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=70837"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}