Standard Chartered’s crypto custody startup Zodia is gearing up to launch new products for institutional investors.
Zodia, a crypto custody startup led by UK-based banking giant Standard Chartered and the Northern Trust, is preparing to launch new products to help institutional investors generate returns on the tokens they hold.
Zodia CEO Maxime de Guillebon said that he is ready to launch collateral management products that will allow investors to generate income from crypto assets. The products in question, which require regulatory approval, are expected to hit the market this year. “Given the rapid expansion and complexity of the crypto-asset industry, Zodia’s institutional clients are looking for more than just instant investment in digital assets,” Guillebon said in a statement.
The initiative is also exploring staking products:
“By expanding our service and giving customers the opportunity to generate returns, Zodia is the only crypto-asset service company looking to facilitate crypto through local and traditional financial structures. will be.”
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