Standard Chartered-backed Zodia Custody has exited its Japan venture with SBI Holdings after two years, with both firms calling the move a strategic realignment. Zodia Custody, the digital asset custody firm backed by Standard Chartered, has dissolved its joint venture with Japan’s SBI Holdings two years after launching the initiative.The venture, known as SBI Zodia Custody, was 51% owned by SBI and 49% by Zodia Custody. According to its website, the project aimed to replicate institutional-grade custodial services in the digital asset space.“This is a strategic alignment between SBI and ourselves as a mutual decision that we have other priorities and they have other priorities,” Julian Sawyer, CEO at Zodia Custody, reportedly told Bloomberg. Read more Standard Chartered-backed Zodia Custody has exited its Japan venture with SBI Holdings after two years, with both firms calling the move a strategic realignment. Zodia Custody, the digital asset custody firm backed by Standard Chartered, has dissolved its joint venture with Japan’s SBI Holdings two years after launching the initiative.The venture, known as SBI Zodia Custody, was 51% owned by SBI and 49% by Zodia Custody. According to its website, the project aimed to replicate institutional-grade custodial services in the digital asset space.“This is a strategic alignment between SBI and ourselves as a mutual decision that we have other priorities and they have other priorities,” Julian Sawyer, CEO at Zodia Custody, reportedly told Bloomberg. Read more
Zodia Custody ends Japan venture with SBI in ‘mutual decision’: Report
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
Standard Chartered-backed Zodia Custody has exited its Japan venture with SBI Holdings after two years, with both firms calling the move a strategic realignment.
Zodia Custody, the digital asset custody firm backed by Standard Chartered, has dissolved its joint venture with Japan’s SBI Holdings two years after launching the initiative.
The venture, known as SBI Zodia Custody, was 51% owned by SBI and 49% by Zodia Custody. According to its website, the project aimed to replicate institutional-grade custodial services in the digital asset space.
“This is a strategic alignment between SBI and ourselves as a mutual decision that we have other priorities and they have other priorities,” Julian Sawyer, CEO at Zodia Custody, reportedly told Bloomberg.
Read more
Market Opportunity
Moonveil Price(MORE)
$0.00003928
$0.00003928$0.00003928
USD
Moonveil (MORE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Vlad Tenev: Gen Z is the most retirement-savvy generation, the great wealth transfer will reshape financial strategies, and 24/7 trading of tokenized assets is on the horizon
The post Vlad Tenev: Gen Z is the most retirement-savvy generation, the great wealth transfer will reshape financial strategies, and 24/7 trading of tokenized assets
Share
BitcoinEthereumNews2026/04/11 10:26
Mark Titus: Broncos leverage Bo Nix’s rookie contract for competitive edge, Justin Fields faces career-defining moment with Chiefs, and Iowa’s basketball team shifts strategy dramatically
The post Mark Titus: Broncos leverage Bo Nix’s rookie contract for competitive edge, Justin Fields faces career-defining moment with Chiefs, and Iowa’s basketball
Share
BitcoinEthereumNews2026/04/11 09:50
CFTC Secures Court Order Blocking Arizona Criminal Case Against Prediction Markets – Legal Bitcoin News
The post CFTC Secures Court Order Blocking Arizona Criminal Case Against Prediction Markets – Legal Bitcoin News appeared on BitcoinEthereumNews.com. Key Takeaways
Share
BitcoinEthereumNews2026/04/11 10:37
