Zodia Custody, a cryptocurrency
custody service launched by British banking large Normal Chartered in late
2020, has raised US$36 million from a Collection A funding spherical. The
spherical obtained participations from Chicago-based monetary companies firm, Northern
Belief Company, and Japanese monetary companies agency, SBI Holdings. As well as, SC Ventures, the enterprise arm of Normal
Chartered, participated within the train.
Based on CoinDesk, the
agency will use the brand new capital injection to increase its token protection and improve Interchange, its settlement product designed to guard digital belongings traded on crypto exchanges.
“We imagine this funding is a
vote of confidence in our group, expertise, and imaginative and prescient for the way forward for
digital belongings,” Zodia Custody mentioned in a LinkedIn publish. “We stay dedicated to
delivering best-in-class options to our shoppers and driving innovation within the
trade, free from compromise.”
The brand new funding comes over three
months after Zodia Custody tapped SBI Holding’s digital asset arm to introduce crypto asset custody companies to institutional buyers in Japan.
Zodia Custody, a cryptocurrency
custody service launched by British banking large Normal Chartered in late
2020, has raised US$36 million from a Collection A funding spherical. The
spherical obtained participations from Chicago-based monetary companies firm, Northern
Belief Company, and Japanese monetary companies agency, SBI Holdings. As well as, SC Ventures, the enterprise arm of Normal
Chartered, participated within the train.
Based on CoinDesk, the
agency will use the brand new capital injection to increase its token protection and improve Interchange, its settlement product designed to guard digital belongings traded on crypto exchanges.
“We imagine this funding is a
vote of confidence in our group, expertise, and imaginative and prescient for the way forward for
digital belongings,” Zodia Custody mentioned in a LinkedIn publish. “We stay dedicated to
delivering best-in-class options to our shoppers and driving innovation within the
trade, free from compromise.”
The brand new funding comes over three
months after Zodia Custody tapped SBI Holding’s digital asset arm to introduce crypto asset custody companies to institutional buyers in Japan.
