European Depositary Bank (EDB), part of Apex Group, has selected Zodia Custody to support the development of its digital sub‑custody services for asset managers, family offices, corporates and institutional investors.
The partnership is a key component of Apex Group’s digital asset strategy, anchoring its future offering in secure, institutional‑grade custody. It also supports Luxembourg-based EDB’s work to obtain the regulatory permissions required to act as a digital asset custodian. Once integrated, Zodia Custody’s platform – combined with Apex Group’s depositary and administration services – will give clients access to digital assets through a single, unified provider, allowing institutions to expand into digital assets without building parallel infrastructure.
The appointment follows a full RFP and RFI process assessing institutional resilience, regulatory readiness, technological robustness and the ability to scale across key jurisdictions.
David Rhydderch, global head of Financial Solutions at Apex Group, said: “This planned collaboration positions us to support clients as the digital asset market moves further into a regulated environment.”
Craig Perrin, managing director, FI Solutions at Zodia Custody, added: “Through our collaboration with EDB, we are enabling a trusted digital sub‑custody model that integrates established depositary and fund administration frameworks.”
