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Standard Chartered crypto custodian Zodia is in talks to raise $50 million

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2024-11-04 11:58:27
On November 4th, according to Bloomberg, Julian Sawyer, CEO of Standard Chartered crypto custodian Zodia Custody, said in an interview that the company is seeking $50 million in funding from investors to fuel its plans to enter new regions and expand its product range.
Sawyer added that while Zodia is currently backed by a number of wholesale finance firms, it now wants to attract more different types of investors, including payments and tokenization firms; Architect Partners, a consultancy focused on cryptocurrencies, is assisting with this effort, which began last month.
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