Zodia Custody has partnered with fintech broker ATFX to enhance the security of its digital client assets and improve operational efficiency. The collaboration brings Zodia’s institutional-grade custody solutions into ATFX’s systems, aiming to meet the increasing demand for robust digital asset protection.
ATFX will adopt Zodia Custody’s advanced security measures, including air-gapped cold storage and multi-signature wallets, to safeguard client assets. The partnership also aims to streamline operations, speeding up processes like deposits and withdrawals while maintaining strict compliance with regulatory standards.
Jeffrey Siu, chief operating officer of ATFX, highlights the significance of the collaboration. “This partnership not only strengthens our commitment to providing secure and innovative solutions for our clients but also underscores our dedication to the evolving landscape of digital assets,” he said.
Partnership
Zodia Custody, backed by financial giants such as Standard Chartered and Northern Trust, sees the partnership as part of a broader effort to improve digital asset services. Kate Cooper, CEO and head of APAC at Zodia Custody Australia, explained: “This partnership with ATFX aims to provide enhanced security, adherence to regulatory standards, and improved customer services. Together, we are building the future of digital assets with innovative partners like ATFX.”
Interchange
The initial focus of the partnership is on implementing fully segregated wallets for ATFX’s entities in Mauritius and St. Vincent and the Grenadines. Looking ahead, the companies are exploring further collaboration, including leveraging Zodia Custody’s off-venue settlement service, “Interchange”.
