08.28.2024

Zodia Custody Partners with Crypto Infrastructure Provider

08.28.2024
Cyber Security Looms Large at Sibos

Aquanow, a global crypto infrastructure provider trusted by 300+ clients, is announcing a strategic partnership with  Zodia Custody, a leading institution-first digital asset custodian backed by Standard Chartered, SBI Holdings, Northern Trust, and National Australia Bank.

The partnership will see Zodia Custody provide its enterprise custody solutions, which are trusted by globally recognised financial institutions, for Aquanow’s expansion across UAE and the wider Gulf Cooperation Council (GCC) region region. By leveraging Zodia Custody’s enterprise technology solutions, this custody partnership will allow Aquanow to ensure that it meets the institutional-grade cold storage demands required by banks, neobanks, and other top-tier financial institutions.

Last month, Aquanow announced that the company had secured full operational approval for its Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Asset Regulatory Authority (VARA). The approval has positioned Aquanow to begin enabling crypto services in partnership with major financial institutions across the Middle East.

“Together with Aquanow, we’ll be playing our part in building the infrastructure that local and global institutions need in order to capitalise on the digital asset opportunities in the Middle East.” said Julian Sawyer, Chief Executive Officer, Zodia Custody. “And the foundations of that ecosystem begin with efficient, secure custody. This is where our partnership with Aquanow is a leap forward in building the UAE’s digital asset ecosystem.”

“As we enter the next phase of our growth and begin expanding across the Middle East, we’re proud to be partnering with Zodia Custody for digital asset custody solutions,” said Phil Sham, CEO of Aquanow. “This partnership provides us with the enterprise custody solutions trusted by even the most demanding financial institutions, ensuring that digital assets accessed through their platform are both safe and readily available.”

Source: Zodia Custody

Asset owners are investing heavily in data, from AI to ESG to real-time tools.
What’s the top priority for the data suite? 👇

#AssetOwners #FinTech #AI #ESG #Data

At #TradeTechFX Barcelona this week, LMAX Group Managing Director of Digital Assets, Jenna Wright, joins @TheBondDESK @marketsmedia to discuss how FX desks are adapting to the rise of digital assets.

She’ll explore market convergence, regulation and the investor opportunities…

Deutsche Börse’s Crypto Finance launches AnchorNote, letting institutions post crypto collateral off-exchange while keeping assets in custody. A step toward safer, more efficient digital asset trading. #Crypto #DigitalAssets

David Martin, CEO of the derivatives business at Singapore-based digital asset exchange AsiaNext, said the next stage of the industry is about the collision of traditional finance (TradFi) and crypto, and “capital efficiency will win the game."

#Crypto

Load More

Related articles

  1. Margin Calls Expected to Increase

    Institutions can trade digital assets across multiple venues without moving assets out of custody.

  2. Power Tools For Wealth Managers

    They will deliver the first truly global, digital wealth custody solution.

  3. Cybersecurity is Top of Mind for FinServ

    This partnership represents a transformative movement for institutional asset management.

  4. This facilitates regulated and institutional-grade assets on chain for global investors.

  5. BNY will also provide its transaction banking services to integrate tradFi & crypto ecosystems.

We're Enhancing Your Experience with Smart Technology

We've updated our Terms & Conditions and Privacy Policy to introduce AI tools that will personalize your content, improve our market analysis, and deliver more relevant insights.These changes take effect on Aug 25, 2025.
Your data remains protected—we're simply using smart technology to serve you better. [Review Full Terms] | [Review Privacy Policy] By continuing to use our services after Aug 25, 2025, you agree to these updates.

Close the CTA