Standard Chartered’s Zodia to Offer Crypto Brokerage to Institutional Investors in Ireland: Report

Standard Chartered is set to offer crypto brokerage services to institutional investors through its Zodia Custody service.

• Zodia Custody plans to offer its brokerage service to institutional investors in Ireland, according to a report Sunday by the Irish Independent.
• The exchange and brokerage service was established as a joint venture between Standard Chartered and wealth-management firm Northern Trust in December last year.
• The firms said at the time that Zodia would provide crypto custody services for bitcoin and ethereum initially with litecoin, bitcoin cash and XRP added later.
• In the U.K., Zodia is one of eight firms to have won registration from the Financial Conduct Authorities authorizing it to offer crypto custody and brokerage services under anti-money laundering and terrorist financing regulations.