![Banking Giant Standard Chartered’s Crypto Custodian in Talks for ,000,000 Capital Raise: Report Banking Giant Standard Chartered’s Crypto Custodian in Talks for ,000,000 Capital Raise: Report](https://dailyhodl.com/wp-content/uploads/2024/11/banking-giant-talks-report.jpg?w=1024)
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 […]
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