Standard Chartered to Acquire Remaining Stake in Zodia Custody
Standard Chartered will buy the shares of its cryptocurrency custodian subsidiary that it does not already own. The bank's non-binding offer was accepted by the firm's other shareholders and noteholders.
CoinDeskStandard Chartered announced on Monday that it will acquire the remaining shares of Zodia Custody, its cryptocurrency custodian subsidiary. The London-based bank's non-binding offer has been accepted by the firm's other shareholders and noteholders. Financial terms were not disclosed.
The bank has been a majority shareholder of Zodia Custody since 2021. Minority shareholders include Northern Trust, Emirates NBD, National Australia Bank and SBI Holdings. Reports last month indicated the bank was exploring a full takeover. Zodia Custody's custody activities will be integrated into Standard Chartered's own digital asset custody business.
Its institutional crypto infrastructure platform will be separated and the assets transferred to an independent entity, Zodia Solutions, which will exist under Standard Chartered's venture arm. SC Ventures also owns a stake in Zodia Markets.
Key Facts
Story Timeline
3 events- May 18, 2026
Standard Chartered announced it will acquire the remaining shares of Zodia Custody.
1 sourceCoinDesk - April 2026
Reports emerged that Standard Chartered was exploring a full takeover of Zodia Custody.
1 sourceCoinDesk - 2021
Standard Chartered became a majority shareholder of Zodia Custody.
1 sourceCoinDesk
Potential Impact
- 01
Zodia Custody custody activities will be integrated into Standard Chartered's digital asset custody business.
- 02
Institutional crypto infrastructure platform will move to independent entity Zodia Solutions.
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