Standard Chartered Signs Agreement To Acquire Crypto Custodian Zodia Custody

Standard Chartered has signed an agreement to acquire crypto custodian Zodia Custody, folding its bitcoin and crypto services into the bank's own operations. The move deepens a major global bank's direct exposure to digital-asset infrastructure rather than relying on a third-party partner. Traders would read this as continued institutional consolidation in crypto custody, a supportive signal for bitcoin's institutional adoption narrative.