Key Takeaways:
- 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.
Report Says Standard Chartered Crypto Custody Overhaul Could Come in April 2026
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…
