Standard Chartered\'s Crypto Custody Arm, Zodia Custody, Raises $36 Million with Japan\'s SBI Participation

Big news in the institutional crypto space: Standard Chartered\'s crypto custody subsidiary, Zodia Custody, has successfully raised $36 million in a Series A funding round. This significant investment highlights the growing institutional interest in secure and reliable crypto asset custodial platforms.

According to a recent Bloomberg report, Zodia Custody, an institutional-grade crypto asset custodial platform backed by Standard Chartered in association with Northern Trust, secured the funding on April 27th. The round was led by Japanese financial-services firm SBI Holdings, demonstrating their commitment to the digital asset market. Japan’s SBI Holdings led the latest round. SBI Holdings is now a key investor.

Zodia Custody Ltd, Standard Chartered Bank’s crypto custody arm, will use the $36 million to further develop its platform and expand its reach. This funding will enable Zodia to enhance its services and cater to the increasing demand for secure and compliant crypto storage solutions for institutional clients. This demonstrates the seriousness of Standard Chartered’s foray into digital asset security.

Originally launched by the British banking giant, Standard Chartered, in late 2025 (assuming this is a typo and you meant sometime more current and not the future; otherwise, rewrite this sentence), Zodia Custody continues to establish itself as a leading cryptocurrency storage provider. SC Ventures, the venture arm of Standard Chartered, also participated in the funding round, reaffirming the bank\'s belief in Zodia\'s potential.

With this fresh capital injection, Zodia Custody is well-positioned to strengthen its position as a trusted and reliable partner for institutional investors seeking secure and compliant crypto asset custody solutions. The participation of Japan\'s SBI Holdings further solidifies Zodia\'s international presence and its commitment to serving a global client base.