Standard Chartered moves to take full control of Zodia Custody’s digital asset business
Standard Chartered is set to acquire the crypto custody operations of its subsidiary, Zodia Custody, to enhance its digital asset business. The deal will integrate Zodia's custody platform with Standard Chartered's operations, facilitating the launch of digital asset custody services in various markets. Zodia's infrastructure unit will become an independent company, Zodia Solutions, led by its current CEO, Julian Sawyer.
- ▪Standard Chartered has agreed to acquire Zodia Custody's crypto custody operations.
- ▪The acquisition aims to expand the bank's digital asset business.
- ▪Zodia's infrastructure unit will be separated into a new entity called Zodia Solutions.
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<img src="https://static.cryptobriefing.com/wp-content/uploads/2026/05/18071155/1c35e85c-ab92-4790-850d-679561a3b8d4-800x420.jpg" alt="Standard Chartered moves to take full control of Zodia Custody’s digital asset business" class="w-full aspect-[19/10] object-cover" /> Standard Chartered moves to take full control of Zodia Custody’s digital asset business Julian Sawyer, currently Zodia Custody's chief executive officer, will lead Zodia Solutions. Standard Chartered's venture capital arm will hold a majority stake in the new entity. Share Add us on Google by Vivian Nguyen May. 18, 2026 Standard Chartered has agreed to acquire the crypto custody operations of its majority-owned subsidiary Zodia Custody as part of an expansion of the bank’s digital asset business.
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