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Banking Giant Standard Chartered’s Crypto Custodian in Talks for $50,000,000 Capital Raise: Report
By Mark Emem at 2024-11-06 18:38
Sentiment: Positive
A crypto custody business that’s majority-owned by the world’s 44th-largest bank is reportedly planning to raise more capital. Bloomberg reports that Zodia Custody Ltd, a subsidiary of Standard Chartered, is in talks to secure approximately $50 million in funding from investors. According to Zodia Custody chief executive Julian Sawyer, the capital raise will help fund […] The post Banking Giant Standard Chartered’s Crypto Custodian in Talks for $50,000,000 Capital Raise: Report appeared first on The Daily Hodl. Continue reading...
Categories: Altcoins
Tags: #Altcoins #Bitcoin #News #standard chartered #zodia
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