Standard Chartered has been granted a Luxembourg license to launch digital asset custody services in the European Union
Standard Chartered-backed cryptocurrency trading firm Zodia Markets said it is acquiring Elwood Technologies' over the counter unit, confirming media reports that the unit is up for sale and sale talks are ongoing. The company said Monday that Elwood, backed by billionaire Alan Howard, will focus on its trading technology software-as-a-service (SaaS) products and services after transferring the business.