Standard Chartered considers partial acquisition of crypto custodian Zodia

Global investment bank Standard Chartered is considering a partial acquisition of Zodia Custody, the crypto custodian in which it holds a majority stake, Bloomberg reported. The bank is reportedly exploring plans to integrate Zodia's crypto custody business into its corporate and investment banking division, which offers similar services. An announcement on the restructuring plan could come as early as this month, according to sources familiar with the matter.