Banking Giant Standard Chartered’s Crypto Custodian in Talks for $50,000,000 Capital Raise: Report
November 06 2024 - 2:45PM
The Daily Hodl
A crypto custody business that’s majority-owned by the world’s
44th-largest bank is reportedly planning to raise more capital.
Bloomberg reports that Zodia Custody Ltd, a subsidiary of Standard
Chartered, is in talks to secure approximately $50 million in
funding from investors. According to Zodia Custody chief executive
Julian Sawyer, the capital raise will help fund […]
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Banking Giant Standard Chartered’s Crypto Custodian in Talks for
$50,000,000 Capital Raise: Report appeared first on The Daily
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