Standard Chartered Takes Full Control of Its Zodia Crypto Custody Arm

Standard Chartered has taken full control of Zodia Custody, the digital-asset custody business it launched with Northern Trust. The move gives the bank direct ownership of infrastructure for safeguarding crypto assets as institutional demand and regulation evolve. For Bitcoin, it signals deeper involvement by major banks in the services institutions need to hold and manage the asset, though it does not itself indicate a change in Bitcoin demand or price.