Standard Chartered Takes Full Control of Its Zodia Crypto Custody Arm

Crypto Insight Summary: On Wednesday, Standard Chartered disclosed that it has signed definitive agreements to acquire 100% of Zodia Custody, bringing a six-year institutional crypto venture fully into its banking operations. Founded in 2020 alongside Northern Trust, Zodia evolved from a bitcoin and ether custodian into a multinational digital asset business. The acquisition reunites its regulated custody operations […] Crypto Insight Analysis: Direction: Bullish ETH / Neutral BTC Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Institutional custody expansion signals growing institutional demand for ETH.