Standard Chartered-Backed Zodia Custody Partners with Crypto Lending Firm Maple Finance
Summary
Zodia Custody, a cryptocurrency safekeeping service backed by Standard Chartered, SBI Holdings, Northern Trust, and National Australia Bank, has partnered with crypto lending specialist Maple Finance. The partnership will allow collateral pledged to Maple Finance to be securely held by Zodia Custody, enabling customers to unlock value from their digital assets within the Zodia Custody ecosystem. This follows Zodia's previous partnership with Singapore-based OpenEden in 2023. Standard Chartered, a Zodia backer, also plans to enter spot trading of crypto in the upcoming months. The integration between Zodia Custody and Maple Finance is expected to be operational by early Q3.
