Zodia Custody Transforms Asset Management with New Unified Wallets
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Zodia Custody, backed by Standard Chartered, has introduced Unified Wallets, a new solution designed to enhance efficiency for institutional clients.
This launch coincides with a partnership with Galaxy Digital to expand its custody offerings.
Unified Wallets enable institutions to aggregate assets and streamline transactions without sacrificing security, transforming how digital asset managers operate. This feature allows funds from multiple clients to be pooled, which simplifies transaction processing and reduces costs.
Zodia’s CEO, Julian Sawyer, highlighted that the new wallets provide the flexibility of omnibus accounts while ensuring the security of segregated assets. Galaxy Digital is the first to implement this feature, enhancing its trading operations with robust security measures.
This collaboration emphasizes Zodia’s commitment to delivering scalable solutions for institutional investors, as the demand for secure digital asset management continues to rise. Clients can also benefit from Zodia’s Interchange service, allowing them to choose preferred trading venues while enjoying off-venue settlements. Overall, Zodia’s innovations cater to the evolving needs of digital asset businesses, prioritizing flexibility and security.
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