Standard Chartered-backed Zodia Custody has integrated with Ripple-owned Metaco to streamline institutional crypto custody services, according to a Dec. 4 statement.
The integration allows institutions to access Zodia Custody’s high-security solutions through Metaco’s platform. Institutions can leverage both platforms to enhance security measures, risk management, and solvency protection.
The announcement stated that institutions connected to Metaco’s network, serving as an initial use case for sub-custody networks, can now leverage Zodia Custody’s bank-grade solutions. This includes access to off-exchange settlement services like Interchange.
“This collaboration strengthens the global digital asset infrastructure by improving connectivity to the foundational Layers 0 and 1 on the blockchain — creating a robust settlement network built on blockchain rails,” Zodia said.
Zodia Custody stated that the collaboration is part of its plan to become the most connected custodian i
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