Standard Chartered Reportedly Eyes Acquisition of Crypto Custodian Zodia
Bloomberg says Standard Chartered is in talks to acquire crypto custodian Zodia, citing people familiar with the matter. The bank declined to comment on any takeover, but sources told the newswire plans could be announced as early as this month, indicating advanced internal discussions. If confirmed, the move would give Standard Chartered a ready-made custody infrastructure and could accelerate its push into institutional crypto services, from safekeeping to tokenized-asset offerings. The potential deal matters because it signals continued mainstream bank interest in onshore custody solutions and could intensify competition among global lenders and specialist custodians seeking institutional deposits and regulatory-compliant custody relationships.