Standard

Zero

Zodia Custody has announced its expansion to Hong Kong, one of the leading financial hubs in Asia.
Zodia Custody is a regulated platform that provides secure storage and transfer of cryptocurrencies. The <a href="https://www.cnbc.com/2023/10/30/standard-chartered-owned-crypto-firm-zodia-launches-in-hong-kong.html" data-type="link" data-id="https://www.cnbc.com/2023/10/30/standard-chartered-owned-crypto-firm-zodia-launches-in-hong-kong.html" target="_blank" rel="noopener noreferrer nofollow">move</a> comes as the demand for crypto-related services grows among institutional investors in the region.
The platform aims to bridge the gap between traditional finance and the emerging crypto space by offering institutional-grade solutions that comply with global standards and regulations.
<a href="https://crypto.news/standard-chartered-backed-zodia-gains-irelandss-nod-for-eu-crypto-services/" data-type="link" data-id="https://crypto.news/standard-chartered-backed-zodia-gains-irelandss-nod-for-eu-crypto-services/" rel="noopener noreferrer nofollow">Zodia Custody</a> was one of the first crypto custody services to obtain a license from the U.K.’s Financial Conduct Authority (FCA) in 2022. The company also plans to expand its presence in other jurisdictions, such as Singapore, Switzerland, and the U.S., shortly.
You might also like: <a href="https://crypto.news/standard-chartered-backed-zodia-gains-irelandss-nod-for-eu-crypto-services/" rel="noopener noreferrer nofollow"> Standard Chartered-backed Zodia gains Irelands’s Nod for EU crypto services </a>
Zodia Custody’s launch in Hong Kong comes amid a growing interest in crypto assets among institutional investors, such as banks, hedge funds, pension funds, and family offices.
According to a recent survey by Fidelity Digital Assets, 90% of institutional investors expect to have an allocation to digital assets by 2026. The survey also found that 52% of Asian investors already have exposure to crypto assets, compared to 33% in Europe and 27% in the U.S.
<a href="https://crypto.news/standard-chartered-backed-zodia-goes-green-joins-uks-tech-zero/" data-type="link" data-id="https://crypto.news/standard-chartered-backed-zodia-goes-green-joins-uks-tech-zero/" rel="noopener noreferrer nofollow">Zodia Custody’s</a> expansion to Hong Kong is expected to boost the adoption and innovation of crypto assets in the region, as well as enhance the competitiveness and attractiveness of Hong Kong as a global financial center.
You might also like: <a href="https://crypto.news/standard-chartered-backed-zodia-goes-green-joins-uks-tech-zero/" rel="noopener noreferrer nofollow"> Standard Chartered-backed Zodia goes green, joins UK’s Tech Zero </a>

Zodia Custody expands to Hong Kong

crypto.news

2023년 10월 30일에 게재된 다른 기사

Regulators in Brazil Keep Watch on USDT as Trade Volume Soars

A cryptothief takes $4.4 million in a single day as the cost of the LastPass hack increases.

Standard Chartered-Backed Zodia Custody Expands Into Hong Kong

Sam Bankman-Fried Denies Wrongdoing But Acknowledges His Mistakes

UK officially tightens the reins on crypto

Bitcoin Price Gaining Momentum: Can It Reach the Critical $35,000 Level?

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!