Standard Chartered mulls folding parts of Zodia Custody in-house: Bloomberg
Burns Brief
Standard Chartered is reportedly exploring a shake-up of Zodia Custody that would bring parts of the crypto custodian inside its own investment bank Market participants are carefully weighing the implications, with the outcome likely to depend on broader macro conditions and volume. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
Standard Chartered is reportedly exploring a shake-up of Zodia Custody that would bring parts of the crypto custodian inside its own investment bank.
Key Takeaways
- Standard Chartered is reportedly exploring a shake-up of Zodia Custody that would bring parts of the crypto custodian inside its own investment bank