Bloomberg has reported that Standard Chartered is considering a buyout of minority shareholders in its digital asset custody subsidiary Zodia Custody. The surprise is it has taken this long. Standard Chartered’s venture arm SC Ventures currently owns the majority of Zodia Custody’s stock.
But the company sold a significant stake to Japan’s SBI through its Series A fundraising, although the two companies recently disbanded a separate joint venture. Other minority shareholders include one of the world’s largest custodians and founding shareholder Northern Trust, National Australia Bank and Emirates NBD.
SC Ventures CEO Alex Manson previously told Ledger Insights that a…







