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Standard Chartered Launches Crypto Custody Services in Europe Crypto Boom

  • Standard Chartered Bank has launched fully-fledged crypto custody services in Europe to cater to the growing demand from institutional investors for regulated storage.
  • The custody service is provided by Zodia Custody, an entity focused on digital asset custody services, which prioritizes regulation, transparency, and safety.
  • Zodia Custody employs advanced security measures, such as multiparty signature protocols and encryption, to protect clients' digital assets.
  • Standard Chartered's foray into crypto custody services highlights the convergence of traditional financial institutions with the cryptocurrency sector and aims to boost confidence and mainstream adoption of digital assets.

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