Standard Chartered is exploring a plan to fold parts of its majority‑owned crypto‑custody unit, Zodia Custody, into one of the bank’s internal digital‑asset divisions, according to a Bloomberg report citing people familiar with the matter.
The proposal would see Zodia’s core custody operations integrated into the corporate and investment bank, which already offers similar digital‑asset services.
Bloomberg’s sources said the bank intends for Zodia Custody to continue operating as a standalone software‑as‑a‑service platform, providing white‑label crypto‑custody technology to banks and fintechs even after the integration.
A Standard Chartered spokesperson said the bank does not comment on market speculation.
