{"id":33101,"date":"2020-12-09T16:09:19","date_gmt":"2020-12-09T14:09:19","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=33101"},"modified":"2025-08-28T12:09:13","modified_gmt":"2025-08-28T09:09:13","slug":"standard-chartered-sets-out-timeline-for-crypto-custody-launch","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/standard-chartered-sets-out-timeline-for-crypto-custody-launch\/","title":{"rendered":"Standard Chartered sets out timeline for crypto custody launch"},"content":{"rendered":"<p>SC Ventures, the venture arm of the British banking group Standard Chartered, and the financial services provider Northern Trust announced the launch of an institutional cryptocurrency custody solution.<\/p>\n<p><!--more--><\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p dir=\\\"ltr\\\" lang=\\\"en\\\"><a href=\\\"https:\/\/twitter.com\/hashtag\/SGFintechFest?src=hash&#038;ref_src=twsrc%5Etfw\\\">#SGFintechFest<\/a>: Thrilled to share that together with <a href=\\\"https:\/\/twitter.com\/NorthernTrust?ref_src=twsrc%5Etfw\\\">@NorthernTrust<\/a>, we\u2019ve launched Zodia Custody, an institutional-grade custody solution for <a href=\\\"https:\/\/twitter.com\/hashtag\/cryptocurrencies?src=hash&#038;ref_src=twsrc%5Etfw\\\">#cryptocurrencies<\/a> and other <a href=\\\"https:\/\/twitter.com\/hashtag\/digitalassets?src=hash&#038;ref_src=twsrc%5Etfw\\\">#digitalassets<\/a>. Full story\ud83d\udcdc here: <a href=\\\"https:\/\/t.co\/My92cjySbm\\\">https:\/\/t.co\/My92cjySbm<\/a><a href=\\\"https:\/\/twitter.com\/hashtag\/rewiringtheDNAinbanking?src=hash&#038;ref_src=twsrc%5Etfw\\\">#rewiringtheDNAinbanking<\/a> <a href=\\\"https:\/\/t.co\/wFQIWgLyfz\\\">pic.twitter.com\/wFQIWgLyfz<\/a><\/p>\n<p>\u2014 SC Ventures by Standard Chartered (@scventuresDNA) <a href=\\\"https:\/\/twitter.com\/scventuresDNA\/status\/1336560369813229568?ref_src=twsrc%5Etfw\\\">December 9, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>The Zodia Custody service will begin operating in 2021 after registration with the UK&#8217;s Financial Conduct Authority (FCA). In the initial phase it will support Bitcoin (BTC) and Ethereum (ETH). Later the platform will add XRP, Litecoin (LTC) and Bitcoin Cash (BCH).<\/p>\n<p>The custody solution targets asset managers, institutional owners and family offices. Zodia Custody will be administered from the United Kingdom.<\/p>\n<p><a href=\"https:\/\/u1f987.com\/en\/news\/standard-chartered-and-unionbank-issue-blockchain-bonds-worth-187-million\">blockchain bonds worth $187 million<\/a> were tokenized by Standard Chartered Bank and the Philippines&#8217; largest bank, UnionBank. The platform was created by SC Ventures.<\/p>\n<p>Earlier, it was reported that Standard Chartered&#8217;s venture arm was working on a cryptocurrency custody instrument, with news disclosed in July 2020.<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\\\"https:\/\/t.me\/forkloglive\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\">ForkLog FEED<\/a> \u2014 all news, <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SC Ventures, the venture arm of the British banking group Standard Chartered, and the financial services provider Northern Trust announced the launch of an institutional cryptocurrency custody solution.<\/p>\n","protected":false},"author":1,"featured_media":33102,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1156,1347],"class_list":["post-33101","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-institutional-investors-and-whales","tag-standard-chartered-plc"],"aioseo_notices":[],"amp_enabled":true,"views":"12","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/33101","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=33101"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/33101\/revisions"}],"predecessor-version":[{"id":33103,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/33101\/revisions\/33103"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/33102"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=33101"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=33101"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=33101"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}