Digital asset custodian, Zodia Custody, has partnered with digital securities issuance platform Securitize to increase custody support for institutions that are trading or using tokenised securities as collateral. The two firms will be leveraging “tangible use cases related to real-world asset tokenisation” to create more opportunities for asset owners, reveals Zodia in a press release.
Using technology from Securitize, Zodia Custody can now offer asset owners “greater safeguarding” via its bank-grade, segregated, and compliant cold storage custody solution. Assets covered include BlackRock USD Institutional Digital Liquidity Fund (BUIDL), and others that have been tokenised by Securitize.
Describing tokenisation as “rapidly reshaping the landscape of institutional finance”, Carlos Domingo, co-founder and CEO of Securitize says that the partnership is “bridging traditional finance and digital assets” by providing the infrastructure that institutions need to engage in this new sector.
