• Standard Chartered plans to fold Zodia Custody’s core operations into its CIB division as early as April 2026, Bloomberg reported.
• Zodia Custody will retain its independent SaaS model, serving third-party banks in 7 global locations across 75+ assets.
• No official comment from Standard Chartered has been issued, leaving minority shareholder status with SBI Holdings and NAB unclear.

The discussions are private and ongoing, according to Bloomberg’s report, with an announcement potentially arriving as early as April 2026. The plan calls for merging duplicate custody functions that currently run in parallel inside the bank and inside Zodia Custody, which Standard Chartered launched in late 2020 through its innovation arm SC Ventures alongside Northern Trust.

Zodia Custody is not expected to disappear. The company would continue operating as a standalone software-as-a-service platform, offering white-label crypto custody to other financial institutions under their own branding. The practical outcome is a split identity: custody services for the bank’s clients folded inward, while the SaaS business faces outward toward third-party banks and fintechs.

The rationale is operational efficiency. Standard Chartered has been building direct digital asset custody and trading services inside its CIB division since at least 2024, including UAE-focused custody services launched in September of that year. Running the same function through both CIB and a separate venture entity creates redundancy. The integration would eliminate that overlap.

Zodia Custody holds regulatory licenses in the UK under the Financial Conduct Authority, Luxembourg under MiCA, Hong Kong, and Singapore. It operates from seven offices globally and supports custody for more than 75 cryptocurrencies and tokenized assets. The firm has positioned itself since inception as “born from banking, built for digital assets,” with bank-grade compliance and insolvency protections built into its framework.

SBI Holdings of Japan, National Australia Bank, and Emirates NBD hold minority stakes in Zodia Custody. It is unclear whether those shareholders have been formally consulted. No official statement from Standard Chartered or Zodia Custody had been issued as of Wednesday, April 8, 2026.

Standard Chartered’s broader crypto push has accelerated through SC Ventures, its venture and fintech investment arm. The portfolio includes Zodia Markets, an institutional trading and stablecoin payments platform whose CEO Usman Ahmad departed in March 2026, and Libeara, a tokenization company. In January 2026, SC Ventures announced plans for a crypto prime brokerage.

The bank also signed a memorandum of understanding with South Korea’s Hana Financial Group for stablecoin ventures and is positioned as a candidate for one of Hong Kong’s first stablecoin issuer licenses. In November 2025, it launched a stablecoin-linked credit card partnership in Singapore.

A 2025 partnership with Galaxy Digital saw Zodia Custody provide institutional staking services for European clients, covering $4.2 billion in assets at the time. Other integrations include Bitfinex, Membrane Labs, and Fireblocks through Zodia Markets.

The move mirrors a pattern gaining momentum across global banking. As regulatory clarity firms up in major jurisdictions, traditional banks are pulling digital asset functions out of experimental venture arms and into core regulated operations. The EU’s MiCA framework, UAE’s VARA regime, and Hong Kong’s stablecoin licensing rules have each contributed to that shift.

For corporate and institutional clients of Standard Chartered, the integration could mean a single custody solution combining traditional securities and digital assets under one regulated entity, reducing operational friction on settlement and compliance.

For Zodia Custody, the SaaS model remains intact. Banks and fintechs seeking a custody solution they can deploy under their own brand would still have access to the platform.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。